Sunday, November 29, 2015

Flanigan's Purchases Oakland Park Property in Fort Lauderdale, FL for Nearly $1 Million

Flanigan Building, 1290 East Commercial Boulevard, Oakland Park, FL

St. George Guardabassi
FORT LAUDERDALE, FL -- Berger Commercial Realty brokers St. George Guardabassi and Keith Graves recently represented Kegy & Associates, LLC in the $922,500 sale of an Oakland Park property, located at 1290 E. Commercial Blvd., to Flanigan's Enterprises, Inc.

The building formerly housed Ike's Carter Pool Company, a local business serving Broward and Palm Beach counties since 1949. Ike's Carter has relocated to a new facility in greater Fort Lauderdale.

Listed on the American Stock Exchange (NYSE MKT: BDL) and in business for more than 50 years, Flanigan's Enterprises, Inc. owns and operates 23 Flanigan's Seafood Bar and Grill restaurants and Big Daddy's retail liquor stores throughout South Florida.

The company intends to use the new facility as storage for its catering business. The property is located less than a mile away from Flanigan's headquarters, located at 5059 N.E. 18th Ave. in Fort Lauderdale, and just a few blocks from one of its restaurants, located at 1479 E. Commercial Blvd. in Oakland Park.

Keith Graves

"The building that Flanigan's purchased has the capacity to function as retail space, an office showroom, a truck terminal / transit point, or as any other overall hub for business on Commercial Boulevard, which sees between 55,000 and 65,000 cars per day," Graves said.

Guardabassi added, "With its flexible space, central location, and proximity to other Flanigan's properties, this site was the perfect fit for the company's growing catering division."

The one-story building consists of 6,451 square-feet of multi-purpose space and offers ample parking, dock-height loading, and convenient access to I-95 and Florida's Turnpike.

For a complete copy of the company’s news release, please contact:

Lexi Robinson, ext. 255,

Marielle Sologuren, ext. 226,

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