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| Lloyd C. Berger |
FORT LAUDERDALE, FL (Sept. 29, 2014) – Berger Commercial Realty announced the opening of a
new office in Boynton Beach as a result of a $24 million deal it negotiated for
its client, Kendall Properties.
Kendall Properties
purchased a 280,000-square-foot office portfolio from LouJA Realty in a deal that
closed on Friday, Sept. 26. The portfolio consists of seven buildings on four
different properties in Boynton Beach and Delray Beach.
"Our client
recognized that Palm Beach County offers better upside and saw the opportunity
this portfolio provided," said Berger Commercial Realty President and
founder Lloyd Berger, who brokered the deal on behalf of Kendall
Properties.
Berger Commercial
Realty plans to hire six full-time staff members in its Boynton Beach office to
manage and lease the buildings in the Kendall Properties portfolio, as well as
existing assignments in Palm Beach County. The regional commercial real estate
firm also has offices in Fort Lauderdale and Miramar, where its property
management team currently oversees 7 million square feet of space throughout
the tri-county area.
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| Woolbright Corporate Park 1901 and 1903 South Congress Avenue Boynton Beach, FL |
The Palm Beach
County portfolio consists of:
·
Delray Office Park, located at 4723, 4731 and 4733 W.
Atlantic Ave. in Delray Beach;
·
Woolbright Corporate Park, located at 1901 and 1903 S. Congress Ave. in Boynton
Beach;
·
Gulfstream Professional Building, located at 500
Gulfstream Boulevard in Delray Beach;
·
Woolbright Professional Building, located 2240 W
Woolbright in Boynton Beach.
For a complete copy
of the company’s news release, please contact:
Marielle Sologuren
Pierson Grant Public Relations
(954) 776-1999, ext. 226
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