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The building is the first of several planned for the 87-acre campus being jointly planned and developed by St. Joe, TMH and Florida State University (FSU).
The medical care centers serve Florida Blue customers, original Medicare and self-paying patients ages 50 and older.
The JV will expand their portfolio with the development of five Class A medical office buildings in Florida.
With only a small primary care office in the city center, backlogged and delayed trying to serve over ten thousand people, leaders heard the cry for more.
The deal consisted of the Delray Beach-based investors purchasing the remaining interest in the LLCs that own the real estate, not deeds.