University Of Miami Breaks Ground On 363,000-SF Healthcare Center

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The University of Miami broke ground on a 363,000-square-foot outpatient health care facility at the SoLé Mia project in North Miami.

The nonprofit university’s UHealth first announced plans to build a medical center within the 184-acre development in 2019, but the challenges of the Covid-19 pandemic delayed the project. Now, UHealth is moving forward with construction of the 7-story facility, which is slated to open in 2025.

This will be the largest ambulatory health care facility for UHealth, even larger than the Lennar Foundation Medical Center on its Coral Gables campus.

Situated on 10 acres, UHealth SoLé Mia will have 110 exam rooms, 10 operating rooms, 33 cancer treatment rooms, a reflection garden, and a bridge to a neighboring hotel. The site has space for an additional 100,000 square feet for future expansion.

Specialists from UM’s Sylvester Comprehensive Cancer Center, Bascom Palmer Eye Institute, Desai Sethi Urology Institute and other specialty programs will work out of the new facility. It will offer outpatient surgeries, those where patients can be operated on and released within a day.

This comes amid a wave of expansion for UM’s health care programs. It broke ground on a $250 million cancer center expansion in June. It also plans a major outpatient care facility in Downtown Doral.

 

Source:  SFBJ

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CREG Brokers Sale Of Southpoint Surgery Center In Jacksonville

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Capital Real Estate Group – U.S. Healthcare Investment Sales (CREG) has brokered the sale of Southpoint Surgery Center, a 34,029-square-foot medical office building in Jacksonville.

An unnamed REIT purchased the property for $18.6 million. CREG represented the undisclosed seller in the transaction.

Southpoint Surgery Center is anchored by Ascension St. Vincent (ASC), a healthcare system in Northeast Florida. The first floor of the property houses the surgery center and the second and third floors are leased to Florida Eye Specialists.

Southpoint Surgery Center is located adjacent to the 309-bed hospital campus of ASC’s Medical Center Southside, an affiliate of Ascension Health.

 

Source:  RE Business

 

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Developer Obtains $46M Loan To Build Senior Living Project In Coral Gables

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Sunrise Senior Living obtained a $45.77 million construction loan to build an assisted living facility in Coral Gables.

Regions Bank provided the mortgage to Sunrise of Coral Gables Propco LLC, an affiliate of McLean, Virginia-based Sunrise Senior Living. It covers the 23,469-square-foot site at 1000 Ponce de Leon Blvd.

The developer purchased the land for $8.1 million in 2019 and subsequently demolished an office building.

Designed by Coral Gables-based Behar Font & Partners, the six-story project will feature 94 rooms with 118 beds of assisted living. Amenities would include a lounge, an entertainment room, activity rooms, a rooftop garden, a hair salon, a dining room and a staff kitchen.

 

Source:  SFBJ

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Ground Broken On New 87-Acre Florida Medical Complex With ASC

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Site work has begun on a new 87-acre medical complex in Panama City Beach, Fla., that will include an ASC, facilities for orthopedic surgery and cardiology, a hospital, urgent care and primary care, according to an Aug. 29 report from the Panama City News Herald.

The center is being built through a partnership between Tallahassee (Fla.) Memorial Healthcare, Tallahassee-based Florida State University and St. Joe Company, a developer.

The hospital building was originally slated to open with 30 to 40 inpatient beds, before expanding to 100 down the line, but due to demand, the facility may need all 100 beds now, according to the report.

The medical office building on the currently-unnamed campus is expected to open sometime in 2024, with the hospital set to open in 2027.

“There’s a lot of great hospitals in this area, but [they] are a distance away,” Andrew Starr, chief health operations officer at Tallahassee Memorial Healthcare, told the Herald. “That [creates] a real opportunity [for this campus], and also a situation that needs to be bridged as you have more and more citizens moving into this immediate area and the surrounding areas. Having a healthcare infrastructure to further support the growth and population is not a want, it’s a need.”

 

Source:  Becker’s ASC Review

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Skilled Nursing Facility In Fort Myers Sells For $46.7M

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SRS Real Estate Partners has brokered the sale of a single-tenant, 75-bed skilled nursing facility located at 13960 Plantation Road in Fort Myers.

An entity doing business as Plantation Medical Center SNU LLC sold the property to a private 1031 investment firm based in New York City for $46.7 million. Patrick Nutt and William Wamble of SRS’ National Net Lease Group represented the seller in the off-market transaction, and Jason Maier of Stan Johnson Co. represented the buyer.

Built in 2018, the 57,650-square-foot property is situated adjacent to the Gulf Coast Medical Center and is occupied by Lee Memorial Health System’s Gulf Coast Medical Center Skilled Nursing Unit. Lee Memorial Health System has 16 years remaining on its lease term with options to extend, according to SRS.

 

Source:  RE Business

 

 

 

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