{"id":1004401148,"date":"2020-03-19T04:49:11","date_gmt":"2020-03-19T12:49:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004401148"},"modified":"2025-02-27T21:45:43","modified_gmt":"2025-02-28T05:45:43","slug":"berger-commercial-brokers-fort-lauderdale-office-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/berger-commercial-brokers-fort-lauderdale-office-deal\/","title":{"rendered":"Berger Commercial Brokers Fort Lauderdale Office Deal"},"content":{"rendered":"
\"\"<\/a>

Cypress Creek Center. Image courtesy of Berger Commercial Realty<\/i><\/p><\/div>\n

Berger Commercial Realty\/CORFAC has arranged the $4.8 million sale of Cypress Creek Center, a 38,700-square-foot Class B office property in Fort Lauderdale, Fla. Maynada Capital Advisors acquired the asset, according to public records. Senior Vice President Steve Hyatt and Vice President Brian Batchelder negotiated the deal on behalf of the seller, Bright Angel Inc. Banesco provided a $3.1 million acquisition loan, according to Yardi Matrix.<\/p>\n

Located on roughly 2 acres at 1000 NW 65th St., the three-story structure was delivered in 1997 and renovated in 2018. The new owner plans to take over the property management and leasing responsibilities, as well as upgrade the building’s common areas. Situated close to Powerline Road, the property is 1 mile from the Fort Lauderdale Executive Airport, while the city center is 7 miles away, along Interstate 95.<\/p>\n

In January, the brokerage company negotiated a 24,400-square-foot lease<\/a> at Merrill Industrial Park in Fort Lauderdale. Just Brands consolidated three of its South Florida offices at the new location.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

Steve Hyatt and Brian Batchelder closed the transaction of the 38,700-square-foot property.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1492,21742,21747],"tags":[38785,42326,49001],"class_list":["post-1004401148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-miami","category-latest","category-office","tag-berger-commercial-realty","tag-corfac-international","tag-cypress-creek-submarket"],"acf":[],"yoast_head":"\nBerger Commercial Brokers Fort Lauderdale Office Deal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/berger-commercial-brokers-fort-lauderdale-office-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Berger Commercial Brokers Fort Lauderdale Office Deal\" \/>\n<meta property=\"og:description\" content=\"Steve Hyatt and Brian Batchelder closed the transaction of the 38,700-square-foot property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/berger-commercial-brokers-fort-lauderdale-office-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-19T12:49:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T05:45:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/berger-commercial-brokers-fort-lauderdale-office-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/berger-commercial-brokers-fort-lauderdale-office-deal\/\",\"name\":\"Berger Commercial Brokers Fort Lauderdale Office Deal - 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