PLANTATION, FL—Fresh off the recent sale of another building inside the Plantation Technology Park comes word that another property is on the market for sale.
Investment sales firm CapasGroup Realty Advisors reports it has been selected as the exclusive agent for the sale of the 34,812 square foot office/flex building located at 1700 NW 65th Ave. in the park.
CapasGroup President Brad Capas, says, “The timing of this 100% occupied investment offering is ideal in light of today's improving market trends throughout South Florida and a corresponding increase in investor demand for well-located, quality assets. The availability of attractive financing and improving market conditions are positively impacting the volume of investment sales.”
Plantation has led the improving Broward County suburban office market rebound of late, posting positive absorption of approximately 75,000 square feet.
“We are confident today's improving market conditions, combined with the excellent physical condition of the building and its strong performance history will appeal to investors seeking a stable, long-term investment,” Capas adds.
Plantation Technology Park spans approximately 160 acres in the northeastern section of Plantation. The park includes nearly 200 businesses and is home to Kenig Aerospace, Goodwin Technology, e.Builder, and numerous small to medium sized businesses.
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