Sunday, October 2, 2016

Berger Commercial Realty Facilitates $666,000 Sale of Andrews Avenue Industrial Building in Pompano Beach, FL

St. George Guardabassi
FORT LAUDERDALE, Fla. (September 19, 2016) - Berger Commercial Realty Senior Vice President St. George Guardabassi and Broker Associate Greg Milopoulos closed a transaction for a 3,750-square-foot industrial building in Pompano Beach on September 7.

Guardabassi represented Ficarra Equities, LLC in the $666,000 sale of the property to Reliable Concrete Cutting, LLC, represented by Milopoulos.

Located at 1216 S.W. 12th Ave., the two-story office and warehouse building consists of three private offices, a marble-floored showroom and a conference room featuring an etched glass wall. 

The building sits on a 31,123-square-foot lot along Andrews Avenue between Atlantic Boulevard and Cypress Creek Road.

The property also offers a fenced and gated yard, a large street-level door, direct frontage on Andrews Avenue, and a rear entrance on S.W. 10th Avenue, allowing maximum flexibility for loading, unloading and customer access. Reliable Concrete Cutting plans to use the property to service the local construction community and expand its fleet of trucks.

Greg Milopoulos
"Given the minimal inventory of buildings with large lots in this price range, this was a desirable property for many owner-users in search of centrally located opportunities," Milopoulos said. 

"The transaction closed just 15 days after the execution of the contract, further demonstrating the demand for multi-use properties in Broward County."

Guardabassi served as the exclusive leasing agent for the property for more than 10 years. Most recently, the property was rented by Culligan, a supplier of water softening equipment and services.

For more information about Berger Commercial Realty's brokerage services, call 954-358-0900.

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

Lexi Robinson, ext. 255,

Marielle Sologuren, ext. 226, 

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