Weston Medical Office Building Trades For $17M
The owner paid $11.5 million for the property in 2017.
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The owner paid $11.5 million for the property in 2017.
A site plan of the proposed development includes a medical office component, residential tower, future UPC Insurance office building, 500-space public parking garage, and a potential hotel.
The 1996-built property last traded in December 2004 for $23,500,000.
The project is on the 5.25-acre site at 16650 Miramar Parkway, which the developer has on a land lease from the Archdiocese of Miami.
An Alabama-based REIT paid $134 million for the fifth South Florida hospital site previously owned by Tenet Healthcare.