Regional, national, and international players are pouring more money into medical office properties.
Blue Zones Center should open in the third quarter of 2025, and hiring will start 14 to 16 months prior.
The property is roughly 2.6 miles from AdventHealth’s Lake Mary ER at 960 Rinehart Road near the intersection of Lake Mary Boulevard and Crystal Drive.
The property last sold for $29.3 million in 2019.
Upshot Capital Advisors paid $7.5 million for the 5.5-acre parcel.