The per-sf price represents one of the highest tags to date for an office asset in Broward County, according to GlobeSt.com research.

For Citrix, the acquisition is timely as the high-tech firm expands its operations and work force. Citrix occupies 34,155 sf in the five-year-old, 140,411-sf Cambridge Executive I. The company will be leasing the entire 140,778 sf for an undisclosed term and rent in the newly completed Cambridge Executive II.

"The purchase met the long-term occupancy objectives of Citrix and represented a good exit for Lincoln Property and TMW which sold the two buildings as a package," Jay M. Caplin, senior director, Cushman & Wakefield financial services group, Miami, says in a prepared statement. Caplin and John F. Bell represented the sellers.

Lincoln and TMW, a German investor group, bought the two buildings and an adjacent vacant site three years ago from CMD Realty Investors for an undisclosed price. Caplin and Bell represented CMD in that deal.