Investors Double Down On MOBs
If traditional office is still negotiating what demand even is, medical outpatient already has its answer: patients don’t log in from home.
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If traditional office is still negotiating what demand even is, medical outpatient already has its answer: patients don’t log in from home.
City officials say the agreement is designed to remove barriers to growth and accelerate improved health outcomes across Tallahassee and North Florida, with an emphasis on expanding specialty care, modernizing equipment and strengthening research capabilities.
Planned additions include adjacent medical office buildings and a new cancer center, along with advanced cardiac care, pediatric access, expanded surgical capabilities, and a stronger emphasis on wellness and preventive care.
The property includes the 22-story, 493,000-square-foot tower, a 1,024-space parking garage, and two development outparcels.
To help fund the work, the Sarasota County Public Hospital Board voted to issue up to $425 million in revenue bonds this year. Moody’s also upgraded the hospital district’s rating to Aa3, while Fitch reaffirmed the system’s “AA-” rating in 2025.
