Berger Commercial Realty/CORFAC International Senior Vice President Steve Hyatt recently represented Carbogen Corporation in the $1 million sale of Lauderdale Harbors Shopping Center to Ananda SE 17th, LLC. The two-story, 5,640-square-foot retail building is located at 1051-1057 S.E. 17th Street in Fort Lauderdale.
“The buyer liked the property due to its location along the upscale 17th Street corridor and its proximity to the beach, airport and Port Everglades,” Hyatt said. “The new owner intends to renovate the building and lease it to multiple tenants.”
Ananda SE 17th, LLC plans to paint the entire exterior of the building and install floor-to-ceiling impact windows and doors and new outdoor LED lights and gutters.
The building features three storefront retail bays on the first floor and walk-up professional offices on the second floor. Signage opportunities are available on the front façade.
Ananda SE 17th, LLC was represented by Frank Cassacia of The K Company in the transaction.
About Berger Commercial Realty/CORFAC International
Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit www.bergercommercial.com.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.