Tag Archive for: lloyd berger

After 16 Years, Berger Commercial Realty Is Relocating HQ To Downtown Fort Lauderdale’s SOLO District

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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.

550 Building

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.

 

Berger Commercial Realty/CORFAC International Repeats CoStar PowerBroker Award Wins In 2019 Sales And Leasing

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Berger Commercial Realty/CORFAC International has earned the CoStar Power Broker Award for consecutive years in both the overall Top Leasing and Top Sales categories.

CoStar based its analysis on Berger’s overall 2019 transaction volume and measured it against all active brokers in the market.

“We’ve assembled a focused team of South Florida’s very best commercial real estate professionals and the results speak for themselves,” Berger CEO Lloyd Berger remarked.  “I’m proud of our people and their determination to deliver results—not only for our clients, but for all parties involved in our sales and leasing transactions.  A truly good deal pays dividends for everyone, as well as for the community at large.”

For decades, the CoStar Group, a data/analytics leader in the commercial real estate industry, has bestowed its Power Broker award on commercial real estate professionals and firms in their respective markets that closed the highest transaction volume each year.

On the lease side, Costar calculates deals primarily upon square footage multiplied by the contract rent.  On the sales side, winners are calculated based upon sales dollars.  Only deals that occurred during the most recent calendar year are considered.

 

 

 

Berger Commercial Realty Joins CORFAC International

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Berger Commercial Realty/CORFAC International, a regional, full service commercial real estate firm based in South Florida, recently announced its membership in CORFAC International, a global network of independently-owned entrepreneurial commercial real estate brokerage firms that partner to deliver quality and experienced service locally, nationally and internationally.

“Our extensive knowledge and experience in the South Florida market has allowed us to serve our clients well,” said Berger Commercial Realty/CORFAC International President Lloyd Berger. “With CORFAC, we have the opportunity to broaden our horizons and further expand our client base.”

Established in 1989, CORFAC currently has affiliates in 48 U.S. markets, four Canadian markets and 26 international markets including Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Poland, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom.

“Membership in CORFAC International is by invitation only, so when we look for an affiliate for a particular market, we select firms that are recognized in the area for their expertise and best practices,” said CORFAC International Executive Director Jonathan Salk. “Berger Commercial Realty was an ideal candidate due to its client-centric approach and customized real estate solutions, which have resulted in lasting client-broker relationships and repeat business. This methodology sets a precedent from which other CORFAC members can learn.”

Alongside joining CORFAC International, Berger Commercial Realty/CORFAC International is celebrating its 20th anniversary, having served a diverse array of clients throughout South Florida since 1998.

 

 

Berger Commercial Negotiates 36,000 SF Office Lease For BSO

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Berger Commercial Realty announced today that the Broward Sheriff’s Office (BSO) has leased spaced at two local properties represented by the full service commercial real estate firm.

Lloyd BergerIn the first transaction, Lloyd Berger, founder and president of Berger Commercial Realty, represented Northwest 5th Avenue LLC in a lease renewal with the Sheriff’s Office for 47,000 square feet of flex space, located at 820-880 N.W. 5th Ave. in Fort Lauderdale.

The air-conditioned warehouse serves as BSO’s Evidence Unit, which receives, catalogs and stores evidentiary, abandoned, forfeited and found property in accordance with state and local law.

Joseph ByrnesAdditionally, Berger Commercial Realty Vice President Joseph Byrnes represented Lauderdale Marketplace Investments in leasing 36,000 square feet of office space to the agency. Located at 2926 N. State Road 7 in Lauderdale Lakes, BSO’s new office houses the agency’s department of community control.

Berger Commercial oversaw the design and renovation of BSO’s Lauderdale Marketplace office, which opened in late October.

 

 

 

Berger Commercial Realty Joins TCN Worldwide

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Berger Commercial Realty announced it has joined TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions.

“Partnering with TCN is a natural extension of our growing regional presence,” said Lloyd Berger, founder and president of Berger Commercial Realty. “We are confident this strategic alliance will result in continued growth and will help us establish new relationships nationally and internationally through TCN’s network of affiliates and professionals.”

Formed in 1989, TCN Worldwide is comprised of more than 800 commercial real estate professionals serving more than 200 primary and secondary markets worldwide. With approximately $38.8 billion in annual transactions and more than 80 million square feet of space under management, the TCN network ranks as one of the largest service providers in the industry.

keith graves“TCN allows us to affiliate with an industry leading network while maintaining our core values, identity and independence,” said Keith Graves of Berger Commercial Realty.

Founded in 1998, Berger Commercial Realty is an independent, privately-owned firm offering a full range of services, including brokerage, tenant/landlord and buyer/seller representation; property management, project management and construction management; agency/project leasing; capital advisory/investment sales; retail services and more.

The firm’s three offices, located in Palm Beach County, Broward County and near Miami-Dade County, will serve TCN members seeking commercial real estate solutions in South Florida.

“We are pleased to welcome Berger Commercial Realty as the newest member of our organization,” said H. Ross Ford, president and CEO of TCN Worldwide. “We are confident the firm will bring great value to TCN members seeking brokerage services and management of retail, industrial, multifamily and office properties in the South Florida area, and we look forward to a long, successful partnership with the Berger Commercial Realty team.”

 

Berger Commercial Closes $24 Million Portfolio Purchase, Opens Boynton Office

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Berger Commercial Realty announced the opening of a new office in Boynton Beach as a result of a $24 million deal it negotiated for its client, Kendall Properties.

Kendall Properties purchased a 280,000-square-foot office portfolio from LouJA Realty in a deal that closed on Friday, Sept. 26th. The portfolio consists of seven buildings on four different properties in Boynton Beach and Delray Beach.

“Our client recognized that Palm Beach County offers better upside and saw the opportunity this portfolio provided,” said Berger Commercial Realty President and founder Lloyd Berger, who brokered the deal on behalf of Kendall Properties.

The portfolio includes:

  • Delray Office Park, located at 4723, 4731 and 4733 W. Atlantic Ave. in Delray Beach
  • Woolbright Corporate Park, located at  1901 and 1903 S. Congress Ave. in Boynton Beach
  • Gulfstream Professional Building, located at 500 Gulfstream Boulevard in Delray Beach
  • and Woolbright Professional Building, located 2240 W Woolbright in Boynton Beach

Berger plans to hire six full-time staff members in its Boynton Beach office to manage and lease the buildings in the Kendall Properties portfolio, as well as existing assignments in Palm Beach County.

The regional commercial real estate firm also has offices in Fort Lauderdale and Miramar, where its property management team currently oversees 7 million square feet of space throughout the tri-county area.