Sunday, December 9, 2012

Pompano Beach, FL Office Building Sold by Berger Commercial Realty for $555,000.

Judy Dolan
 FORT LAUDERDALE, FL – Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced a deal from brokers Judy Dolan and Steve Hyatt.

 Dolan and Hyatt represented Waterfall Victoria Mortgage Trust 2010-SBCI REO, LLC in the sale of a 7,286-square-foot office building, located at 760 East McNab Rd. in Pompano Beach, to MJ Florida Investments, Inc. for $555,000. The renovated building will be leased as office space.

Steve Hyatt
Additionally, Hyatt represented GSPI, LLC in the sale of the former DaVita Dialysis Center, a 6,300-square-foot office building, located at 1305 East Atlantic Blvd. in Pompano Beach, to KMC Holdings, LLC for $525,000. The property will be utilized as medical office space.

 “There is strong demand in the market for owner/user-type buildings of less than 10,000 square feet," said Berger Commercial Realty Senior Vice President Steve Hyatt. 

  "Sellers have gotten more realistic in their pricing expectations and  buyers are taking  advantage of  historic low financing rates  for owner-occupied buildings. In addition, these types of buildings are being acquired at almost the half to cost to build new ones.” 


Marielle Sologuren
Pierson Grant Public Relations
6301 Northwest 5th Way, Suite 2600
Fort Lauderdale, FL 33309
Phone: (954) 776-1999, ext. 226
Fax: (954) 776-0290

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