The property at 815 Herndon Ave. has an existing 62,517-square-foot office building, which will be demolished for the new building.
The total footage of the complete Doral facility would be 178,000 square feet with up to 63 exam rooms as the center grows in the future.
HCA previously sought to build a hospital on this property, but the site plan doesn’t include a hospital.
The transaction underscores the attractiveness of medical office assets as overall office sale activity has slowed.
The amenities offered at newer senior living communities, whether it be an active living facility or independent living facility, are in place to not only to attract potential residents, but also their sons, daughters and grandchildren who will be visiting. In fact, these facilities are being marketed to the adult child.