The practice executed a lease for the entire second floor in one of the Commons Professional Parks’ two buildings.
The new site plan identifies a two-story building with multiple wings for a total of 121 units (156 beds) with common areas (dining room, theater, library, etc.) and recreational amenities which include outdoor court yards with water features.
A a $66 million, 5-year refinancing was collateralized by a seven-property portfolio totaling 268,000 square feet, and a $53 million refinancing with an incumbent lender secured by a 498,000 square office building in Jacksonville, FL.
In 2021, the entity purchased the site for $10.2 million from Group P6. Group P6 secured approval in 2018 for the Concierge, a nine-story building with 88 units of independent living, assisted living and memory care, along with a host of amenities geared for senior living.
Moffitt McKinley, an inpatient surgical hospital in Tampa, is expecting to accommodate a 63% increase in patient volume and a 33% rise in cancer surgeries over the next 10 years.