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The Real Deal Miami

City National Banks awards industrial portfolio to Berger Commercial Realty

July 11, 2011 12:55PM

City National Bank has awarded Reese Stigliano, a broker for Berger Commercial Realty in Fort Lauderdale, the exclusive sales listing for a portfolio of industrial warehouse buildings in Coral Springs, Berger announced today.

The properties include two industrial spaces — a 5,600-square-foor space at 11820 Wiles Road, built in 1990, and a 7,200-square-foot space on adjacent property at 11830-11834 Wiles Road, built in 2005. The entire portfolio is listed for $1.099 million.

Lloyd Berger, president of Berger, has also been appointed receiver of two properties — Delray Estates, a 111-residential-unit property located within Lucaya Delray Estates in Delray Beach, and Surfside Apartments, a 28-residential-unit property located at 82nd Street in Miami Beach. Berger Special Assets will manage and lease both properties, the company said. — Katherine Clarke