Plans are to start construction on the Coral Gables office by the first quarter of next year and to break ground on a Homestead location in the next 90 days.
Lotus secured a $66 million 5-year refinancing with Cerberus Capital Management 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, Florida.
Anthony Brunetti with Florida Medical Space Inc. represented the buyer in the transaction.
The price equated to $293,103 per living unit.
The first floor of the 54,000-square-foot facility is shared by Jax Spine & Pain Centers and UF Health. The second and third floors comprise procedural and clinical space.