Berger Commercial Realty Closes Sale Of East Commercial Blvd. Mixed-Use Asset

Aug 02, 2018 No Comments by

Berger Commercial Realty/Corfac International Senior Vice President St. George Guardabassi represented the seller, Dickerson Properties, in the $1,500,000 sale of the Dickerson Property, a 13,000-square-foot mixed-use asset located at 2861 East Commercial Blvd. in Fort Lauderdale, Florida.

The Dickerson Property is a 2 story retail/office property located on one of Fort Lauderdale’s premier shopping and dining corridors.

 

st george guardabassi

Guardabassi

“The buyer recognized the value of the building’s excellent location and high visibility on East Commercial Boulevard just west of Bayview Drive,” explained Guardabassi.

Investor Ital Luxxe, LLC, purchased the property as an investment. The building interior has been completely demolished by the buyer in preparation to lease to new tenants including restaurants or other retail uses.

In addition to its high visibility location, the building is unique in that it includes a large parking lot in the rear that can accommodate a number of tenant uses including retail, office or a combination of the two. It is located next to several of the area’s most upscale neighborhoods including The Landings, Bay Colony and Coral Ridge.

 

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Broward County Office, Broward County Retail, Industry News, Office, Retail
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