Miami-based J.I. Kislak Inc. paid $5.15 million for six one-story office buildings clustered in Plantation.
Commercial real estate brokerage Cushman & Wakefield negotiated the sale of Plantation Professional Park for $81 per square foot on behalf of the Illinois-based seller, Equitrust Life Insurance Company.
Senior associate Greg Miller, executive director Scott O’Donnell, senior director Dominic Montazemi and director Miguel Alcivar comprised the Cushman team representing Equitrust Life Insurance.
![Greg Miller, senior associate, Cushman 7 Wakefield](https://static.therealdeal.com/wp-content/uploads/2016/06/greg-miller-senior-Associate-of-cushman-and-wakefield.jpg)
Greg Miller, senior associate, Cushman & Wakefield
Plantation Professional Park consists of six buildings with 63,319 square feet of space built from 1987 to 1989 on a 7.84-acre site at 6710-6834 West Sunrise Boulevard.
The property includes vacant land entitled for development of a two-story medical building.
Medical and professional tenants comprise many of the businesses at Plantation Professional Park, located three miles from Westside Regional Medical Center.
Cushman & Wakefield research shows Plantation is among Broward County’s top-performing office sub-markets.
“With no new office product and limited existing Cass A space, Cushman & Wakefield foresees demand for quality Class B space to strengthen and key fundamentals to improve market-wide,” Valerie Tatum, a senior Cushman research analyst, wrote in a first-quarter report on the Broward County office market.