PALM BEACH, FL—Plum Park, a 61,759-square-foot class B business complex at 141 NW 20th Street in Boca Raton, FL, continues the recent trend of sub-A assets trading. Plum Park sold for $6.05 million.

Avison Young vice president of Investment Sales David Duckworth, along with principal Keith O'Donnell and associate Jonathan Senn, executed the lease-up and represented ownership CW Capital during the sale. This is the second office building the team has sold in Boca Raton on the past week.

“When we were initially awarded the responsibility of leasing, repositioning and the ultimate sale of Plum Park, the asset had high vacancy with existing tenants in default,” says Duckworth. The firm added value to the property, he explains, by replacing delinquent tenants with high caliber businesses in stronger financial conditions.