CapasGroup Tapped To Market Sale Of Plantation Property

CapasGroup Realty Advisors, an investment sales organization specializing in the marketing and disposition of investment properties, has been selected as the exclusive agent for the sale of a 34,812 square foot office / flex building located in Plantation Technology Park at 1700 NW 65th Avenue in Plantation.
According to CapasGroup President Brad Capas, “The timing of this 100 percent 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.”
Broward County’s suburban office markets have experienced an uptick in occupancy for the second consecutive quarter, with Plantation leading the market for suburban absorption during Q1 2014 at 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.”
Plantation Technology Park spans approximately 160 acres in the northeastern section of Plantation conveniently located near the Florida Turnpike, Sunrise Boulevard and bordering the city of Fort Lauderdale.