CREG Brokers Sale Of Southpoint Surgery Center In Jacksonville

Southpoint Surgery Center-Jacksonville

Capital Real Estate Group – U.S. Healthcare Investment Sales (CREG) has brokered the sale of Southpoint Surgery Center, a 34,029-square-foot medical office building in Jacksonville.

An unnamed REIT purchased the property for $18.6 million. CREG represented the undisclosed seller in the transaction.

Southpoint Surgery Center is anchored by Ascension St. Vincent (ASC), a healthcare system in Northeast Florida. The first floor of the property houses the surgery center and the second and third floors are leased to Florida Eye Specialists.

Southpoint Surgery Center is located adjacent to the 309-bed hospital campus of ASC’s Medical Center Southside, an affiliate of Ascension Health.

 

Source:  RE Business

 

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Developer Obtains $46M Loan To Build Senior Living Project In Coral Gables

assisted living facility at 1000 ponce de leon blvd. in coral gables 760x320

Sunrise Senior Living obtained a $45.77 million construction loan to build an assisted living facility in Coral Gables.

Regions Bank provided the mortgage to Sunrise of Coral Gables Propco LLC, an affiliate of McLean, Virginia-based Sunrise Senior Living. It covers the 23,469-square-foot site at 1000 Ponce de Leon Blvd.

The developer purchased the land for $8.1 million in 2019 and subsequently demolished an office building.

Designed by Coral Gables-based Behar Font & Partners, the six-story project will feature 94 rooms with 118 beds of assisted living. Amenities would include a lounge, an entertainment room, activity rooms, a rooftop garden, a hair salon, a dining room and a staff kitchen.

 

Source:  SFBJ

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