Two standout projects’ success suggests that while older properties may be struggling to retain tenants, new, state-of-the-art facilities are still highly attractive to medical users seeking more modern layouts, improved accessibility, and proximity to complementary services.
The properties, totaling almost 50,000 square feet, were fully leased at the time of sale.
The acquisition comes as other healthcare providers also grow their footprint in Polk County.
The insurer’s bid is preliminary and kicks off an auction for the debt-laden provider, which decided to undergo bankruptcy after discovering it owed Medicare hundreds of millions of dollars.
With over 4.1 million Americans reaching retirement age annually through 2027, Florida, especially areas like Orlando, is bracing for a surge in healthcare demand.