New Hospital Under Construction In Plant City As Population Grows
The $326 million project includes a medical office building for outpatient lab services, rehab and wound care and more.
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The $326 million project includes a medical office building for outpatient lab services, rehab and wound care and more.
As the population grays, with older Americans projected to outnumber children in 2035, according to the Census Bureau, hospital systems are looking to build and investors are looking to get a piece of the action by buying medical office buildings — a sector that saw acquisition volume more than double year-over-year.
The property, which was 100% occupied, closed on May 12 for $11 million.
A total of 43 phases were delivered as part of the overall project.
Olympus said it will build 175,000 square feet of medical office space to anchor the Olympus Health & Wellness campus