Why Are New-To-Market Hospital Systems And Medical Groups Increasingly Seeking To Gain A Foothold In Florida?
“Investors are viewing medical office as a haven in a disrupted environment.”
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“Investors are viewing medical office as a haven in a disrupted environment.”
Entities that bought the properties appear to be linked to Lakewood, New Jersey-based Imperial Healthcare Group LLC.
The building’s prime location in the heart of the Coral Springs business district offers numerous advantages for medical professionals. Its proximity to hospitals and other medical facilities makes it an ideal choice for practitioners looking to establish or expand their practices.
Walgreens, which originally purchased the building for $3.85 million in 2007, will continue to lease the ground floor of the 10,194-square-foot building while Orlando Health will use the rest for office space.
The first facility will be an 80,000-square-foot medical office building.