Berger Commercial Realty’s George Gammon, Jordan Beck Rep Buyer In Purchase Of Fort Lauderdale Industrial Building

Berger Commercial Realty/Corfac International Sales Associate George Gammon and Senior Vice President Jordan Beck represented the Buyer in the purchase of a 14,607-square-foot industrial building located at 811 NW 57th Place in Fort Lauderdale, Florida.

FLL 811, LLC purchased The Champion Controls Building from 811 Building LLC for $2.750,000. The 1979-built, single tenant property, which served as the manufacturing and distribution warehouse for Champion Controls, was renovated in 2010 and features 20% office buildout, 12-14’ ceiling heights, 2 loading docks, 600 Amp-3 phase power and 31 parking spaces. The company will continue to lease and thrive in this location.

The transaction closed March 1.

“The deal benefited both the Buyer and the Seller, resulting in a sale-leaseback, potentially for the next 20 years,” explained Gammon.

The sale marks the first investment sales transaction for Gammon and hopefully the first of many future transactions with FLL 811, LLC and Berger Commercial.