Medical Training Facility With Cadaver Lab Opens In Palm Beach County

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An 11,000-plus-square-foot dental school recently opened in Palm Beach Gardens.

Located within a 68,030-square-food medical office building at 4600 E. Park Drive, ZimVie Institute South includes education and training, space, a cadaver lab, 3D printing capabilities, and a mill. It will also host comprehensive training events on subjects from practice management, to digital workflow training.

ZimVie Institute South will be operated by ZimVie Inc., a Westminster, Colorado-based company that develops and manufactures products designed to treat spine pathologies, tooth replacement and dental restoration. ZimVie also trains more than 100,000 dental professionals in institutes located in Colorado, California, Columbia, Switzerland and China.

The corporation projects that 1,500 dental professionals will be trained at ZimVie Institute South annually.

Source:  SFBJ

 

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Inspired Healthcare Pays $52M For Assisted Living Facility In Delray Beach

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Inspired Healthcare Capital purchased an assisted living facility near Delray Beach for $52.3 million.

The Scottsdale, Arizona-based firm bought The Heritage at Delray, which includes assisted living, independent senior living and memory care units, at 5858, 5859 and 5861 Heritage Park Way in unincorporated Palm Beach County, according to records and real estate database Vizzda. The seller is an affiliate of ValStone Partners.

Inspired Healthcare took out $26.5 million in financing on the property. It assumed a $25.5 million existing mortgage and increased it with a $980,000 loan from Comerica Bank.

The Heritage consists of 259 units in three three-story buildings on 16.2 acres, Vizzda records show. Completed in 1988, the facility offers studios, as well as one- and two-bedroom units.

The deal breaks down to $202,000 per unit.

The Heritage has 76-100 assisted living units, 31-50 memory care units and 76-100 independent senior living units, according to Vizzda.

ValStone paid $21.2 million for The Heritage in 2012, property records show.

 

 

Source:  The Real Deal

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Cano Health Opens Three New Medical Centers In South Florida

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Cano Health, Inc. has opened three new medical centers throughout South Florida in an effort to reach more patients and introduce its services to a wider population in the market.

These centers are located at:

  • 18469 South Dixie Highway in Cutler Bay
  • 8138 West Broward Boulevard in Plantation, and
  • 1000 Park Centre Boulevard, at the Golden Glades Interchange in Miami.

The medical centers will offer services such as primary care, wellness, physiotherapy, Xray, and Serenity mental health services.

“As a primary care company focused on improving patient health, Cano Health’s presence in the community plays a vital role in how we connect with and treat our patients,” said Bob Camerlinck, the Company’s Chief Operating Officer. “The opening of these new medical centers expands our presence in our largest market, allowing us to bring many of the services our patients know and trust to more of those who may need it most. We are committed to continuing to be strategic in our growth as we evaluate new opportunities to extend our footprint.”

Cano Health (NYSE: CANO) is a high-touch, technology-powered healthcare company delivering personalized, value-based primary care to approximately 310,000 members. With its headquarters in Miami, Florida, Cano Health is transforming healthcare by delivering primary care that measurably improves the health, wellness, and quality of life of its patients and the communities it serves. Founded in 2009, Cano Health has more than 4,000 employees, and operates primary care medical centers and supports affiliated providers in nine states and Puerto Rico.

 

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Cross Region Group Breaks Ground On Duval Station Medical And Retail Center In North Jacksonville

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Construction is underway at Duval Station, a mixed-use development from Cross Regions Group offering more than 100,000 square feet of professional and medical offices and retail space. It’s located on nine acres in North Jacksonville at North Main Street and Max Leggett Parkway.

The first phase of construction includes a 12,000-square-foot medical office building leased to Millennium Physician Group, one of the largest comprehensive primary care groups in Florida. It will include medical offices for practices led by Christopher Scuderi, D.O., FAAFP, and M.D. Weber, M.D., Ph.D., and a laboratory.

The second phase will include additional medical and professional tenants including a childcare facility. Chappell Schools, a local favorite for more than 60 years, is opening its classic educational childcare at Duval Station, serving the medical community and families in the area. Cross Regions Group has additional build-to-suit and ground-lease opportunities available at Duval Station.

 

Source:  Connect CRE

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Memorial Healthcare System Pays $49M For Shuttered Hollywood Fashion Center Mall

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Memorial Healthcare System paid $49 million for the shuttered Hollywood Fashion Center mall, property records show.

The 8-acre property houses the 155,880-square-foot shopping center, which was constructed in 1971 and closed in 1993. Today, the building is home to Gordon Food Service Store, a food distribution center and grocery store. Located at 101 South State Road 7, the site sits adjacent to Hollywood Boulevard, surrounded by big-box stores such as Aldi and Walmart.

Memorial Healthcare System, a nonprofit hospital system, is looking to redevelop the property into “a wellness hub” but has yet to make a final decision and construction is at least two years away, according to a statement from the hospital.

Brothers Shlomi, Izac and Lior Ben-Shmuel, bought the Hollywood property last year for $7 million with each owning a third, according to property records.

Jason Tobin and Louis Granteed of Tobin Real Estate represented Memorial Healthcare System in the transaction.

 

Source:  Commercial Observer

 

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