Berger Commercial Realty/Corfac International Senior Sales Associate Jonathan Thiel and Sales Associate Jordan Beck represented sellers Jeffrey A. Burley and Nancy E. Burley in the sale of a mixed-use (office, medical and retail) facility located at 4070-4230 W. Broward Blvd. in Plantation, Florida.
Burley Business Plaza, which is comprised of three single-story free-standing buildings, totals 6,108 square feet and is situated on 28,985 square feet of land. Santo Monaco Jr. purchased the property for $950,000, who intends to hold the property for investment purposes. The property was 100% occupied at the time of the sale.
The deal closed September 29.
The property is located within the “Gateway of Plantation” where the city of Plantation is making significant changes. On Broward Boulevard and State Road 7/U.S. 441 there will be a brand-new Chase Bank and WAWA only blocks away from this site.
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 about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or 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 or visit www.corfac.com.