Berger Commercial Realty Facilitates $14.8 Million Sale of East Port Center
Firm retained by new owner to lease and manage the property
FORT LAUDERDALE, Fla. (April 27, 2017) – Berger Commercial Realty/CORFAC International Senior Vice Presidents St. George Guardabassi and Judy Dolan represented EJP East Port, LLC in the $14.8 million sale of East Port Center to East Port Center, LLC.
Following the transaction, which closed on April 26, the new owner retained Berger Commercial Realty as the exclusive leasing agent and property manager for East Port Center.
“St. George and I have handled leasing for East Port Center for several years, securing major tenants including Pantropic Power, Azimut Benetti, Dow Electronics and others,” Dolan said. “We look forward to continuing our track record of keeping the property at 100 percent occupancy.”
Located at 1881 to 1887 State Road 84 in Fort Lauderdale, East Port Center is a 108,500-square-foot industrial park situated at the northeast corner of I-95. The state-of-the-art complex features 20 feet of clear ceiling height, ample parking, frontage on State Road 84, all glass storefront facades and rear dock-high loading.
“East Port Center is Fort Lauderdale’s highest rated, class-A flex building east of I-95,” Guardabassi said.
The property’s location at the intersection of I-95 and Marina Mile Road makes it accessible from major roadways including I-595, Florida’s Turnpike, State Road 7, and Federal Highway. East Port Center is located within two miles of Fort Lauderdale/Hollywood International Airport and Port Everglades.
For more information about Berger Commercial Realty’s brokerage services, call 954-358-0900.
About Berger Commercial Realty/CORFAC International
Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit www.bergercommercial.com.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 visit www.corfac.com.
