The community bank will be opening its 12,500-square-foot regional office in Plantation.
Cushman & Wakefield’s Brian Gale and Anthony Librizzi represented the landlord, while David Dusek and Kevin Landers from the same brokerage represented the tenant.
The developer proposed replacing the office with an eight-story apartment building with 237 units.
The firm recently added another 16,695 square feet to its office footprint.
The park was 80% occupied when Feldman Equities acquired the property about two years ago.
The transaction marks the largest office lease renewal completed in Broward County since 2019.
With over 35 years of experience, he has participated in all aspects of commercial real estate, including development, property management, brokerage, receivership, and banking.
Construction is anticipated to commence in the fourth quarter of 2023, with expected tenant occupancy beginning in the third quarter of 2026.
The property features four floors of office space with high ceilings and hardwood floors, set above ground floor retail.
The $244-per-square-foot transaction underscores the attractiveness of medical office assets as overall office sale activity has slowed.
