PLANTATION, Fla., Feb. --, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Plantation Corporate Center, a 59,070-square-foot office property located in Plantation, Florida. The 3.19-acre property sold for $12,700,000.

Alex D. Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, Rüger Holding, a German real estate investment group, headed by René Gerdom. The buyer, MMB Commercial Properties Company, Inc., was secured and represented by Zylberglait and Crocchiola.

“This one-of-a-kind asset provides the buyer a strategic location in central Broward County with a roster of professional tenants in a beautifully built corporate center with a strong upside in the growing Plantation submarket,” said Zylberglait.

Plantation Corporate Center is located at 2 S. University Drive in Plantation, Florida, on a hard signalized corner of West Broward Boulevard and South University Drive, directly across from Westfield Broward Mall. The 1985-build was renovated in 2019 and is currently 88% occupied.