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Berger Commercial Realty Corp. Announces New Sales

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new deals from brokers Judy Dolan and Steve Hyatt. Dolan and Hyatt represented the sellers in both transactions.

Dolan and Hyatt represented the James Pappas Trust & IHS Aventura Land LLC in the sale of The Cove Shopping Center, a 25,182-square-foot, three-building retail complex located at 18955-19029 Biscayne Boulevard in Aventura, to buyer Aventura Grand Cove LLC for $8,582,500.

Dolan and Hyatt also represented 1st National Bank of South Florida in the sale of a three-story, multi-tenant office building located at 1212 E. Broward Blvd. in Fort Lauderdale to Michael Meiser for $1,625,000.

BRIEFS:

Property Address: 18955-19029 Biscayne Boulevard, Aventura, FL 33180
Purchase Price: $8,582,500
Seller:  James Pappas Trust & IHS Aventura Land LLC, represented by Judy Dolan and Steve Hyatt
Buyer: Aventura Grand Cove LLC
Description:  The Cove Shopping Center, a 25,182-square-foot, three-building retail complex

Property Address: 1212 E. Broward Blvd., Fort Lauderdale, FL 33301
Purchase Price: $1,625,000
Seller: 1st National Bank of South Florida, represented by Judy Dolan and Steve Hyatt
Buyer: Michael Meiser
Description: Three-story, multi-tenant office building

About Berger Commercial Realty Corp.: Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients’ needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010’s ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

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