Berger Commercial Realty/CORFAC International announced the sale of a three-story boutique office building in Downtown Fort Lauderdale for $3,950,000 million.
Sales Associate Jordan Beck and Senior Vice President Joseph Byrnes represented the seller, 1212 BUILDING LLC,
In the sale of the 14,000-square-foot building, located at 1212 E Broward Blvd. in Fort Lauderdale. There were no other brokers involved in the transaction.
The sale closed January 14.
Bernheim Kelley Battista & Bliss, LLC, a full-service personal injury, product liability, and consumer advocate law firm, purchased the building. The buyer plans to build out and occupy the 3rd floor, which was raw space at the time of the purchase, to operate their law office, which is currently located at 110 SE 6th St, also in Downtown Fort Lauderdale. The property’s ground floor serves as parking and the 2nd floor is fully leased to East Broward Dental and other professional office tenants.
“Due to the required buildout of the 3rd floor, it was a challenge for prospective buyers to either visualize occupying the property or having the necessary timeline to do a build to suit,” explained Beck.
“The property was on the market for a while and was listed by multiple brokerages prior to us. Finally, we came across the perfect buyer that both had a need for the space, and the time frame to go through the necessary construction,” added Byrnes.
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 is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.