After 16 years at its current location at 1600 Southeast 17th Street in Fort Lauderdale, Berger Commercial Realty/Corfac International is relocating to a new, state-of-the-art office on the 4th floor of the 550 Building, located at 550 South Andrews Avenue in Downtown Fort Lauderdale in the heart of the fast emerging SOLO District.
In business for 23 years with offices located in Fort Lauderdale, Miramar and Boynton Beach, Berger Commercial Realty currently leases and manages the 100,316-square-foot, 7-story Class A office building, soon to be the new home of the company. The 2019-built facility features 12,000-square-foot floor plates; an on-site 634-car parking garage, representing the highest available parking ratio available in Downtown Fort Lauderdale; and a ground floor patio restaurant. Office suites range from 680-square-foot spec suites to full floors.
Berger’s 6,947-square-foot office will feature both collaborative and private workspaces.
“We are excited about our move to the 550 Building,” commented Berger Commercial Realty President Lloyd C. Berger. “The 550 Building will provide a new modern design for our team. We feel fortunate to be able to continue to grow and this move will help us meet the needs of our clients.”
The property is located adjacent to the new 700,000-square-foot Broward County Courthouse within the Central Business District location, yet away from congestion, providing ease of access to major transportation routes.
The lease deal was negotiated by Berger Commercial Realty Senior Vice President Joseph P. Byrnes, Senior Sales Associate Jonathan Thiel and Sales Associate John Forman. Berger will occupy its new offices next month.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-02-01 04:37:302021-02-01 04:37:30After 16 Years, Berger Commercial Realty Is Relocating HQ To Downtown Fort Lauderdale’s SOLO District
Avison Young’s Florida Capital Markets Group has been exclusively tapped on behalf of a fund managed by DRA Advisors LLC to sell Pinnacle Corporate Park, a two-building, class A office portfolio at 500 and 550 W. Cypress Creek Road in Fort Lauderdale.
The asset totals 259,458 square feet on 14.31 acres in Broward County’s Cypress Creek submarket.
Avison Young Principals John K. Crotty, CCIM; David Duckworth; Michael T. Fay, who is also Managing Director of the firm’s Miami operations; Greg Martin, and George Vail will lead the sale. The transaction team also includes Avison Young Vice President Brian C. de la Fé and Associates Berkley Bloodworth and Emily Brais.
Over the past 24 months, the Avison Young leasing team led by Martin completed 17 lease transactions totaling 91,000 square feet
“Pinnacle Corporate Park is the most desirable property in the Cypress Creek submarket due to its strong occupancy, rental rate growth, and immediate potential for lease-up,” said Crotty. “In addition to the existing value, the offering provides the opportunity to maximize land on the site in the coming years through residential development.”
Pinnacle Corporate Park coming to market represents the trend of large funds and institutional owners’ confidence to sell large office assets again, as sales declined immediately following the pandemic. The deal would be similar to the recent $78.42 million Plantation Crossroads three-building portfolio sale.
“We are seeing an uptick in demand for investors looking to deploy capital in well-located South Florida office assets,” said Duckworth. “Pinnacle Corporate Park is ideally situated near major expressways, transit, and amenities, and provides the perfect opportunity.”
Pinnacle Corporate Park is positioned in the heart of Fort Lauderdale’s Uptown Urban Village, a master plan that supports the development of a thriving, transit-supportive, mixed-use neighborhood. Its offices are less than a mile from Interstate 95 and directly accessible from the Cypress Creek Tri-Rail station.
https://sfoba.com/wp-content/uploads/2013/12/Pinnacle-Corporate-Park.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-01-24 23:48:432026-08-20 12:26:28Class A Office Portfolio In Fort Lauderdale Hits The Market
The Related Companies is expected to close on the Phillips Point office towers in West Palm Beach for $282 million.
AEW Capital Management is selling the 448,914-square-foot office complex. The deal, which will mark the largest office sale in South Florida in more than a year, is set to close in a couple of weeks. Real Estate Alert and Bloomberg reported the deal.
A source confirmed details of the sale to The Real Deal.
Related will pay about $630 per square foot for the buildings at 777 South Flagler Drive and 201 Lakeview Avenue. Records show AEW paid $246 million for the two towers in 2015. They sit on more than 4 acres overlooking Palm Beach island.
JLL brokers Hermen Rodriguez, Ike Ojala and Matt McCormack were marketing the building for sale as of last month.
Phillips Point is about 90 percent occupied. Morgan Stanley, Gunster, and Akerman are among the tenants.
The sale comes as more financial and tech firms announce they are opening offices in South Florida. Goldman Sachs, which has a small office at Phillips Point, is considering moving its asset management division to South Florida, and reportedly has looked at spaces in Palm Beach County.
Related redeveloped CityPlace into Rosemary Square, and plans to build another office tower across from Phillips Point called One Flagler.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-01-17 13:57:112021-01-17 13:57:11Related To Pay $630 PSF For West Palm Beach’s Phillips Point Office Towers
Colliers | U.S. announced that Julie Northcutt-Dunn has joined the firm as Executive Managing Director and Market Leader for the company’s business in South Florida, which includes offices in Miami, Fort Lauderdale, Boca Raton and West Palm Beach.
In her new role, Julie will directly oversee all Brokerage operations and service lines in South Florida with a focus on new business development, talent recruitment, talent retention and marketing. She will report to Ryan Kratz, President, Southeast Region | U.S. Brokerage. Kratz will remain in the South Florida market and a key member of the company’s U.S. Leadership Team. He is one of Colliers’ four Regional Presidents as he oversees 20 offices throughout the Southeast and parts of the Midwest.
“I couldn’t be more excited to join the enterprising team at Colliers during a time when our business in South Florida is thriving,” said Northcutt-Dunn. “In partnership with our deep bench of local talent and regional and national leadership, I am confident Colliers will continue to grow throughout the region.”
Northcutt-Dunn brings more than 15 years of industry experience to Colliers, most recently as Regional Sales Director of CBRE’s Midwest Division, where she filled two valuable roles: Sales Management Leader and interim Managing Director of Corporate Client Solutions. Prior to her work at CBRE, Julie held executive leadership roles in the financial services industry, including as Senior Vice President, Mortgage Executive at Fifth Third Bank.
Under Kratz’s leadership, Colliers has significantly strengthened its influence in the South Florida market. The firm acquired strategically positioned brokerage and property management firms such as Continental Real Estate Companies (CREC), with a focus on retail, and Michael Falk & Co., with a focus on office and industrial in Palm Beach county. During the same time, a number of notable professionals joined the Colliers team including Jonathan Carter, Dave Preston, Nikki Traff, Keith Edelman, Scott Goldstein, and Mark Rubin. In 2019, Kratz hired Greg Main-Baillie to lead Colliers’s fast-growing Development Services project and construction management operation.
“As the Market Leader for Colliers’ 75-broker South Florida operation for the last two years, I know that the business has grown to the size and service line complexity that requires full time market leadership by a top-tier professional,” Kratz said. “Julie’s unique, entrepreneurial spirit matches our Colliers values perfectly, and under her experienced leadership, I expect Colliers to continue to increase market share and attract top talent.”
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-01-11 01:23:522021-01-11 01:23:52Colliers Appoints Respected Industry Vet To Lead South Florida Brokerage
Marcus & Millichap negotiated the sale of Cypress Executive Center, a office building located in the Uptown Business District of Fort Lauderdale.
The asset sold for $17,500,000.
ICM Cypress LP, an affiliate of Calgary-based ICM Realty Group, sold the 140,635-square-foot office building at 1901 W Cypress Creek Road to CYPRESS CORPORATE CENTER LLC. The price equates to $124 per square foot. The property is situated on a ground lease that is owned by the City of Fort Lauderdale and has just under 50 years of lease term remaining.
Marcus & Millichap’s Douglas Mandel, Tyler S. Kuhlman and Richard Redmond had the exclusive listing to market the property on behalf of the seller.
“We have sold several properties over the years that were subject to city of Fort Lauderdale ground leases, so we are very familiar with working with Airport Authority and the city of Fort Lauderdale to navigate the assumption process”, said Mandel.
ICM purchased the building in 2015 for $10.9 million when Mandel represented the Seller. At the time, building was just 60% occupied. After the acquisition ICM completed a building-wide renovation, re-branding and repositioning strategy, which resulted in the building’s stabilization. “Our partnership with Doug’s team for the building sale was vital to executing our investment strategy”, said ICM Realty’s Andrew Webb.
“The Cypress Executive Center garnered premium pricing due to current ownerships ability to stabilize the asset, whilst significantly upgrading the buildings core amenities and successfully executing on their value-add strategy from inception,” stated Kuhlman.
Cypress Executive Center is located at 1901 W Cypress Creek Rd in Fort Lauderdale, FL. It is directly across the street from the Fort Lauderdale Executive Airport in the Uptown Business District of Fort Lauderdale, which is home to numerous major national corporations such as Citrix, Microsoft and others. The property was constructed in 1987 and extensively upgraded between 2015 and 2019, with over $1.3 million worth of improvements added to the building, in addition to considerable Tenant Improvements made to many of the suites during the same period.
https://sfoba.com/wp-content/uploads/2011/11/Cypress-Executive-Center.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-01-03 19:39:322021-01-03 19:39:32Uptown Fort Lauderdale Office Building Sells
Peter Messina, CCIM has been appointed by SVN Commercial Realty President Keith Kidwell to lead the firm’s Office and Healthcare agency practice in South Florida.
In 2020, the South Florida office market, while affected by the pandemic, mostly held strong and was not impacted nearly as much as other major markets around the country.
“Rental rates have for the most part remained intact, although incentives have increased especially to the major tenants seeking renewal,” Messina said. “Sublease space creating a shadow market has begun to surface and should be monitored closely.”
“I am excited to be joining SVN Commercial Realty and look forward to leveraging the Sperry platform of services and to be aligned with a team of seasoned professionals,” Messina continued. “SVN has a company culture of broker cooperation which fits perfectly with my involvement in CCIM and my business approach and the service to my clients.”
Messina has 14 years of experience in South Florida commercial real estate covering most types of transactions and representation. His experience in office and industrial agency and tenant representation, healthcare, multimarket portfolio accounts and advisory services lends itself as a perfect fit to the Sperry platform of services.
Messina joins SVN Commercial Realty after four years with CBRE, where he served as First Vice President with the Advisory and Transactions Services team. He is an active member of CCIM and served as the Broward District in 2018 and continues to service on the board. He is also a long standing member of the Rotary Club of Weston and volunteers for several local charities.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2020-12-27 13:15:362020-12-27 13:15:36Former CBRE First VP To Lead SVN Commercial Realty’s Office, Healthcare Agency Practice
After 16 Years, Berger Commercial Realty Is Relocating HQ To Downtown Fort Lauderdale’s SOLO District
/in Done Deals, News/by SFOBA STAFFAfter 16 years at its current location at 1600 Southeast 17th Street in Fort Lauderdale, Berger Commercial Realty/Corfac International is relocating to a new, state-of-the-art office on the 4th floor of the 550 Building, located at 550 South Andrews Avenue in Downtown Fort Lauderdale in the heart of the fast emerging SOLO District.
In business for 23 years with offices located in Fort Lauderdale, Miramar and Boynton Beach, Berger Commercial Realty currently leases and manages the 100,316-square-foot, 7-story Class A office building, soon to be the new home of the company. The 2019-built facility features 12,000-square-foot floor plates; an on-site 634-car parking garage, representing the highest available parking ratio available in Downtown Fort Lauderdale; and a ground floor patio restaurant. Office suites range from 680-square-foot spec suites to full floors.
Berger’s 6,947-square-foot office will feature both collaborative and private workspaces.
The property is located adjacent to the new 700,000-square-foot Broward County Courthouse within the Central Business District location, yet away from congestion, providing ease of access to major transportation routes.
The lease deal was negotiated by Berger Commercial Realty Senior Vice President Joseph P. Byrnes, Senior Sales Associate Jonathan Thiel and Sales Associate John Forman. Berger will occupy its new offices next month.
Class A Office Portfolio In Fort Lauderdale Hits The Market
/in News/by SFOBA STAFFAvison Young’s Florida Capital Markets Group has been exclusively tapped on behalf of a fund managed by DRA Advisors LLC to sell Pinnacle Corporate Park, a two-building, class A office portfolio at 500 and 550 W. Cypress Creek Road in Fort Lauderdale.
The asset totals 259,458 square feet on 14.31 acres in Broward County’s Cypress Creek submarket.
Avison Young Principals John K. Crotty, CCIM; David Duckworth; Michael T. Fay, who is also Managing Director of the firm’s Miami operations; Greg Martin, and George Vail will lead the sale. The transaction team also includes Avison Young Vice President Brian C. de la Fé and Associates Berkley Bloodworth and Emily Brais.
Over the past 24 months, the Avison Young leasing team led by Martin completed 17 lease transactions totaling 91,000 square feet
Pinnacle Corporate Park coming to market represents the trend of large funds and institutional owners’ confidence to sell large office assets again, as sales declined immediately following the pandemic. The deal would be similar to the recent $78.42 million Plantation Crossroads three-building portfolio sale.
Pinnacle Corporate Park is positioned in the heart of Fort Lauderdale’s Uptown Urban Village, a master plan that supports the development of a thriving, transit-supportive, mixed-use neighborhood. Its offices are less than a mile from Interstate 95 and directly accessible from the Cypress Creek Tri-Rail station.
Related To Pay $630 PSF For West Palm Beach’s Phillips Point Office Towers
/in News/by SFOBA STAFFThe Related Companies is expected to close on the Phillips Point office towers in West Palm Beach for $282 million.
AEW Capital Management is selling the 448,914-square-foot office complex. The deal, which will mark the largest office sale in South Florida in more than a year, is set to close in a couple of weeks. Real Estate Alert and Bloomberg reported the deal.
A source confirmed details of the sale to The Real Deal.
Related will pay about $630 per square foot for the buildings at 777 South Flagler Drive and 201 Lakeview Avenue. Records show AEW paid $246 million for the two towers in 2015. They sit on more than 4 acres overlooking Palm Beach island.
JLL brokers Hermen Rodriguez, Ike Ojala and Matt McCormack were marketing the building for sale as of last month.
Phillips Point is about 90 percent occupied. Morgan Stanley, Gunster, and Akerman are among the tenants.
The sale comes as more financial and tech firms announce they are opening offices in South Florida. Goldman Sachs, which has a small office at Phillips Point, is considering moving its asset management division to South Florida, and reportedly has looked at spaces in Palm Beach County.
Related redeveloped CityPlace into Rosemary Square, and plans to build another office tower across from Phillips Point called One Flagler.
Source: The Real Deal
Colliers Appoints Respected Industry Vet To Lead South Florida Brokerage
/in News/by SFOBA STAFFColliers | U.S. announced that Julie Northcutt-Dunn has joined the firm as Executive Managing Director and Market Leader for the company’s business in South Florida, which includes offices in Miami, Fort Lauderdale, Boca Raton and West Palm Beach.
In her new role, Julie will directly oversee all Brokerage operations and service lines in South Florida with a focus on new business development, talent recruitment, talent retention and marketing. She will report to Ryan Kratz, President, Southeast Region | U.S. Brokerage. Kratz will remain in the South Florida market and a key member of the company’s U.S. Leadership Team. He is one of Colliers’ four Regional Presidents as he oversees 20 offices throughout the Southeast and parts of the Midwest.
Northcutt-Dunn brings more than 15 years of industry experience to Colliers, most recently as Regional Sales Director of CBRE’s Midwest Division, where she filled two valuable roles: Sales Management Leader and interim Managing Director of Corporate Client Solutions. Prior to her work at CBRE, Julie held executive leadership roles in the financial services industry, including as Senior Vice President, Mortgage Executive at Fifth Third Bank.
Under Kratz’s leadership, Colliers has significantly strengthened its influence in the South Florida market. The firm acquired strategically positioned brokerage and property management firms such as Continental Real Estate Companies (CREC), with a focus on retail, and Michael Falk & Co., with a focus on office and industrial in Palm Beach county. During the same time, a number of notable professionals joined the Colliers team including Jonathan Carter, Dave Preston, Nikki Traff, Keith Edelman, Scott Goldstein, and Mark Rubin. In 2019, Kratz hired Greg Main-Baillie to lead Colliers’s fast-growing Development Services project and construction management operation.
Uptown Fort Lauderdale Office Building Sells
/in Done Deals, News/by SFOBA STAFFMarcus & Millichap negotiated the sale of Cypress Executive Center, a office building located in the Uptown Business District of Fort Lauderdale.
The asset sold for $17,500,000.
ICM Cypress LP, an affiliate of Calgary-based ICM Realty Group, sold the 140,635-square-foot office building at 1901 W Cypress Creek Road to CYPRESS CORPORATE CENTER LLC. The price equates to $124 per square foot. The property is situated on a ground lease that is owned by the City of Fort Lauderdale and has just under 50 years of lease term remaining.
Marcus & Millichap’s Douglas Mandel, Tyler S. Kuhlman and Richard Redmond had the exclusive listing to market the property on behalf of the seller.
ICM purchased the building in 2015 for $10.9 million when Mandel represented the Seller. At the time, building was just 60% occupied. After the acquisition ICM completed a building-wide renovation, re-branding and repositioning strategy, which resulted in the building’s stabilization. “Our partnership with Doug’s team for the building sale was vital to executing our investment strategy”, said ICM Realty’s Andrew Webb.
Cypress Executive Center is located at 1901 W Cypress Creek Rd in Fort Lauderdale, FL. It is directly across the street from the Fort Lauderdale Executive Airport in the Uptown Business District of Fort Lauderdale, which is home to numerous major national corporations such as Citrix, Microsoft and others. The property was constructed in 1987 and extensively upgraded between 2015 and 2019, with over $1.3 million worth of improvements added to the building, in addition to considerable Tenant Improvements made to many of the suites during the same period.
Former CBRE First VP To Lead SVN Commercial Realty’s Office, Healthcare Agency Practice
/in News/by SFOBA STAFFPeter Messina, CCIM has been appointed by SVN Commercial Realty President Keith Kidwell to lead the firm’s Office and Healthcare agency practice in South Florida.
In 2020, the South Florida office market, while affected by the pandemic, mostly held strong and was not impacted nearly as much as other major markets around the country.
Messina has 14 years of experience in South Florida commercial real estate covering most types of transactions and representation. His experience in office and industrial agency and tenant representation, healthcare, multimarket portfolio accounts and advisory services lends itself as a perfect fit to the Sperry platform of services.
Messina joins SVN Commercial Realty after four years with CBRE, where he served as First Vice President with the Advisory and Transactions Services team. He is an active member of CCIM and served as the Broward District in 2018 and continues to service on the board. He is also a long standing member of the Rotary Club of Weston and volunteers for several local charities.