Major Sale of Coral Springs Office Plaza Reaches $26.5 Million

December 16, 2025 - 22:20

In a landmark deal, a prominent real estate firm has successfully facilitated the sale of the Esplanade Center, a commercial and medical office plaza located at 901-1001 North University Drive in Coral Springs, for an impressive $26.5 million. This transaction marks a significant milestone in the local real estate market, showcasing the growing demand for commercial and medical office spaces in the region.

The Esplanade Center, known for its strategic location and modern facilities, has attracted a diverse range of tenants, contributing to its appeal among investors. The sale reflects the increasing interest in commercial properties that cater to both healthcare providers and businesses, highlighting a trend towards mixed-use developments that serve community needs.

As the market continues to evolve, this transaction is expected to encourage further investments in Coral Springs and surrounding areas. The successful sale underscores the potential for growth in the commercial real estate sector, particularly in regions with robust economic activity and a demand for quality office spaces.