Linkpoint Properties, a local real estate investment and management firm led by Camilo Niño, Ricardo Uribe and Alex Sanchez, announced the acquisition of the 10,662 square-foot Pasteur Medical Center at 4440 W. 16th Ave. in Hialeah.

The Seller, Orion Group Realty, sold the two-story property to Linkpoint Properties for $4.7 million. Closing took place August 30, 2019. Orion Group Realty originally purchased the property, which was vacant at the time, in August 2018 for $2.025 million.

Jonathan Baixauli of Orion Group Realty represented both the Seller and Linkpoint Properties on this transaction.

Pasteur Medical Services is one of the largest medical providers in South Florida, with 12 centers strategically positioned throughout Dade and Broward Counties. The Hialeah facility was constructed in 1985 and is an out-parcel to Flamingo Park Plaza, a 192,460 SF community center anchored by Dollar Tree, Goodwill and Navarro Discount Pharmacy.

The transaction marks the 10th acquisition for Linkpoint Properties since launching its acquisition program in 2017. The firm is backed by approximately $100 million in funds. Recent acquisitions include United Rentals in Pompano Beach, Chase on the Miami River; McDonald’s and Tire Kingdom in Hialeah; and FedEx and a Wells Fargo branch in Atlanta, among others.

Founded in 2016, Linkpoint Properties, with offices in Atlanta and Miami, is focused on the acquisition of commercial real estate assets throughout the southeast region with a large portfolio of single-tenant properties, shopping centers and industrial assets in Florida and Georgia. Linkpoint Properties was formed from a partnership between Linkvest Capital, LLC and Cornerpoint Partners, LLC.

 

Mental health and recovery for afflicted individuals in Miami-Dade County took a giant leap forward.

Thriving Mind South Florida (contracting as South Florida Behavioral Health Network, Inc), a nonprofit organization supported by Florida’s Department of Children and Families that funds prevention and treatment services for serious mental illness and substance use disorders for the uninsured population of Miami-Dade and Monroe Counties, along with state and local officials “broke ground” on the renovation of a facility that will treat residents with mental illness who are diverted from the criminal justice system into treatment.

Spearheaded by Thriving Mind South Florida, the new facility is a collaboration with Miami Dade County, the Eleventh Judicial Circuit Criminal Mental Health Project (CMHP), and the Miami-Dade Corrections and Rehabilitation Department (MDCR). The new facility will offer a comprehensive range of mental health, substance use and primary healthcare services targeting high-cost, high-need individuals within the public health system.

“Today is a tremendously meaningful day for our community in South Florida,” said John W. Newcomer, M.D., president and CEO of Thriving Mind South Florida. “This new facility will allow us to increase access to care and drive excellence in services for mental health and substance use disorders.”

Located at 2200 NW 7th Ave., Miami, renovations will begin immediately with a goal of opening by late 2020.

Joining Newcomer at the event were a host of city, county and state officials who lauded the innovative $40 million project. In addition to Lt. Gov. Jeanette Nuñez, others attending the ceremony included Carlos A. Gimenez, Miami-Dade County Mayor; Audrey M. Edmonson, Chairwoman of the Miami-Dade County Commission; Sally A. Heyman, Miami-Dade County Commissioner; Willy Gort, City of Miami Commissioner; Judge Jeri Cohen, Miami-Dade County Court; and Judge Steven Leifman, Miami-Dade County Circuit Court, who led the effort to bring this project to Miami.

The facility will include space for core treatment services and also provide employment training, educational services, and housing assistance. In addition, the center will support research, education, and training to improve access to services and quality of care across the community. The goal is to ensure that individuals with serious mental illnesses and substance use disorders in Miami-Dade County receive effective community-based care that reduces demand for more costly services in acute care and institutional settings like emergency rooms, jails and hospitals.

 

Source: Florida Trend

A proposed 71-acre, 200-bed waterfront hospital campus in Palmetto Bay won’t be built anytime soon, with a drawn-out court battle expected between the village and the intended developer.

The dispute boils down to what the property’s zoning allowed prior to its purchase, as well as whether zoning changes by the village after the land purchase are an encroachment on the property owner’s rights.

Luxcom Builders bought the land from Florida Power & Light last December for $33 million with appropriate zoning for a hospital, said Michael Moskowitz, Luxcom’s attorney.

However, Mr. Moskowitz alleges, the Village of Palmetto Bay subsequently changed the zoning to one home an acre because council members opposed the project.

“It’s our belief that they did so intentionally to derail the project because they, the village, and perhaps certain citizens did not want a hospital campus to be constructed on this site,” Mr. Moskowitz said.

As a result, he is saying that Luxcom will sue the village to have the rezoning overturned. But beyond that, he said, Luxcom will sue the village for $50 million for damages to his client under the Bert J. Harris Private Property Rights Protection Act.

Mr. Moskowitz said Luxcom is willing to hash things out with the village but the village has thus far not cooperated.

“If the village wants to be constructive, and wants to be reasonable, there is always a method to reach a constructive resolution, but so far that has not occurred,” he said. “We would love that opportunity. They haven’t done so, therefore we are going to court.”

The village council, however, doesn’t believe the property was zoned to allow for a hospital, according to Vice Mayor John DuBois. He said that prior to its rezoning, the land had had institutional land use and interim zoning.

“There was no use that they were entitled to other than continuing to use it as a power plant without us changing the zoning on it,” Mr. DuBois said.

Mr. DuBois said he was the one who drafted the legislation to properly define what was allowed on the property. He said the legislation was drafted about a year prior to Luxcom buying the land – and had passed first reading – after FPL had bounced around the idea of having a large development on the property.

“The intent was to say ‘turn down your power plant, [FPL]. Stop going around town telling people you’re going to put an 800-home development there, which is not going to happen,’” He said.

Mr. DuBois continued, “That was our message, because that is what they were doing. They were going around before this stuff was zoned trying to make everybody believe there was going to be this beautiful super high-density development there, and it was starting to panic the residents, and that was part of the reason I wrote the legislation to go ahead and give it a land-use designation and give it a zoning designation in the absence of an application.”

Luxcom CEO and Chairman Oscar Barbara said in a press statement that the hospital would help serve Miami-Dade’s growing population and that “this new hospital will help address that need by serving the citizens of Palmetto Bay and the surrounding areas.”

Mr. Moskowitz said, “We believe that Palmetto Bay is an ideal location for a general hospital. Right now, with the current population numbers, if you look at the hospital and the services area, there’s one bed for every 307 residents. We believe that there is an absolute need for another hospital.”

When the project was first proposed, anyone interested in building a hospital would have had to obtain a certificate of need in order to house inpatient beds. However, that provision was scrapped during the most recent Florida legislative session.

The waterfront property is at 6525 SW 152nd St. If built, the state-of-the-art hospital there would feature about 200 beds, a 24-hour emergency room, an emergency helipad and an emergency dock.

 

Source:  Miami Today

Optimal Outcomes LLC, a St. Petersburg-based developer that specializes in medical office and related projects, has acquired a 5.11-acre tract in Fort Myers.

The company bought the site at 14537-14543 Global Parkway for $1.3 million, property records show. The seller was an affiliate of Colson Associates Inc., of Chicago.

Commercial real estate brokerage Lee & Associates’ principals Bob Johnston, Jerry Messonnier and Derek Bornhorst negotiated the transaction.

In Fort Myers, the company previously developed a 50,000-square-foot administrative building for Florida Cancer Specialists and is currently developing a 46,000-square-foot medical office in Lakewood Ranch, in master developer Schroeder-Manatee Ranch’s 265-acre CORE business park.

 

Source: Business Observer

St. Petersburg, Fla.-based St. Anthony’s Hospital plans to build a $152 million, 90-bed patient tower, according to the Tampa Bay Times.

The four-story, 143-square-foot tower will house cardiology suites, inpatient dialysis units, preadmission testing services and nel classrooms. With the addition, the hospital will have a total of 448 beds.

Construction is slated to begin next year, and the facility is expected to open in 2022.

St. Anthony’s Hospital is owned by Tampa Bay-based BayCare.

Source: Becker’s Hospital Review