Berger Commercial Realty’s Steve Hyatt Represents Holman Automotive In $13 Million Sale To Holy Cross Hospital

Steve Hyatt, Senior Vice President at Berger Commercial Realty/CORFAC International, announced the successful closing of a $13 million commercial property sale at 200 East Sunrise Boulevard in Fort Lauderdale, Florida.

The transaction closed on December 5.

The 2.07-acre retail property, positioned along one of Fort Lauderdale’s most visible and heavily traveled corridors, was formerly home to a car dealership and is currently leased to The Christmas Palace, which plans to relocate in February 2026.

The buyer, Holy Cross Hospital, Inc., which was represented by Greg Gerber and Miles Glascock of JLL, plans to demolish the existing structure and develop a two-story, 41,792-square-foot free-standing emergency room, including diagnostic imaging such as x-rays, ultrasounds and CT scans, and laboratory, as well as an outpatient clinic, expanding its access to high-quality care in a rapidly growing part of the city.

“This acquisition marks a pivotal step for Holy Cross as it expands its community presence with a state-of-the-art, free-standing emergency room and outpatient center in the heart of the rapidly growing Flagler Village, Progresso Village, Central City, and Sistrunk area,” said Steve Hyatt, Senior Vice President at Berger Commercial Realty. “This area has experienced some of the fastest growth in the country, with downtown Fort Lauderdale’s population surging by more than 35% in the last four years and Flagler Village’s residential base more than doubling over the past decade. Continued investment, thousands of new housing units, and a rising number of young professionals and families have transformed these neighborhoods into one of South Florida’s most dynamic urban hubs.”

Hyatt’s extensive background in automotive retail—bolstered by his previous role as Vice President of Corporate Development at AutoNation—has helped him build long-standing relationships with major automotive groups. He has represented Holman Automotive and other leading dealership organizations for more than 17 years, assisting with strategic real estate transactions across South Florida.

The sale reflects sustained investor and institutional interest in well-located urban sites that support redevelopment, community infrastructure, and long-term economic growth.