CBRE has facilitated the $57.5-million sale of Offices at Plantation Walk, a 173,193-square-foot, Class A building in Plantation, FL, to Vision Properties.

Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction.

Seven-story Offices at Plantation Walk is located within Plantation Walk, a $350-million, 27-acre mixed-use development with a full-service hotel,  131,000 square feet of retail and 404 multifamily units. The property is 92% leased.

“The buyer is fortunate to acquire a high-caliber, desirable suburban office building in Broward County, considering the tremendous investor demand for high-quality assets in South Florida today,” said Christian Lee, vice chairman at CBRE. “The seller completed an outstanding renovation project that helped to attract a strong list of national and regional tenants to the project. As a result, the property achieved a sale price well above $300 per square foot.”