Berger Commercial Realty Represents Buyer In Oakland Park Industrial Acquisition
Small-bay warehouse properties remain in high demand, particularly in locations offering convenient access to major transportation corridors.
Small-bay warehouse properties remain in high demand, particularly in locations offering convenient access to major transportation corridors.
Steve Hyatt, Senior Vice President with Berger Commercial Realty, represented Community Foundation of Broward in the acquisition.
Senior Vice Presidents Steve Hyatt and Keith Graves, CCIM, SIOR represented the seller in the transaction.
The lease brings Powerline Commerce Center to full occupancy, underscoring continued demand for well-located industrial space in Broward County.
The property is situated on a 0.26-acre site and includes outside storage.
The leasing assignment will be led by Berger Commercial Realty’s industrial brokerage team, including Keith R. Graves, CCIM, SIOR; Jonathan Thiel; Daniel Forman; and Lawrence Oxenberg.
The 5,279-square-foot industrial automotive facility is situated on 0.6 acres just south of Downtown Fort Lauderdale.
Berger Commercial Realty Vice President Lawrence Oxenberg and Senior Vice President Keith Graves, SIOR, CCIM, represented the buyer in the transaction.
Berger Commercial Realty has also been retained as the exclusive leasing agent for the project. Keith Graves, Jonathan Thiel, Daniel Forman, and Lawrence Oxenberg will lead leasing efforts, bringing extensive market expertise and tenant representation experience to the assignment.
“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.”
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