Avison Young Closes $15.5M Sale of Plantation Medical Office Park

Avison Young Closes $15.5M Sale of Plantation Medical Office Park

Avison Young’s Florida Capital Markets Group completed the $15.45 million sale of Plantation Medical Office Park, a six-building, single-story medical office campus totaling 63,319 square feet at 6710-6834 West Sunrise Blvd. Avison Young Principals John K. Crotty CCIM; David Duckworth; Michael T. Fay – who is also managing director of the firm’s Miami operations; and Brian C de la Fé sold the asset on behalf of PPP Capital LLC to Bezrat H Corp.

Crotty commented that “Located in one of Broward County’s most desirable office submarkets, Plantation Medical Office Park is 98% occupied with a rent roll composed entirely of medical tenants – many having been there for decades and expanding their operations by occupying additional space.” The park is strategically located near Westside Regional Medical Center – a full service 250 bed hospital with tenants including American Access Care Dickens Sanomi Academy and Baptist Hospital Of Miami Inc..

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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