Berger Commercial Realty’s Steve Hyatt Brokers Sale Of Classic Collision Center In Fort Lauderdale
Berger Commercial Realty Senior Vice President Steve Hyatt represented the seller in the transaction.
Berger Commercial Realty Senior Vice President Steve Hyatt represented the seller in the transaction.
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.”
The lease was expertly orchestrated by Jake Michels, Sales Associate, and Joseph P. Byrnes, Senior Vice President at Berger Commercial Realty, who represented the landlord.
Joseph Byrnes, Senior Vice President with Berger Commercial Realty, represented the seller in the deal.
The seller was represented in the transaction by Berger Commercial’s experienced team comprised of Senior Vice President Keith Graves, SIOR, CCIM, Sales Associate Daniel Forman, Senior Vice President Jonathan Thiel, and Vice President Lawrence Oxenberg.
The 4,502-square-foot live-work, loft-style industrial building—located at 437 NW 1st Avenue—was sold by the Charles L. Peet Revocable Trust.
Currently home to two vacant multifamily buildings, the property will be demolished to make way for a new high-end development featuring exclusive residences.
The buyer plans to develop the property into a 4-building self-storage facility, with plans already approved for a 150,000 square foot self-storage complex.
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