KEI Acquisitions, LLC acquired the site from RG Property Group Holdings LLC for $7.65 million.
The developer plans to break ground in early 2022 with a seven-story, 263,371-square-foot medical office building and complete the project in the first quarter of 2023.
The Nashville, Tennessee-based health system’s Oviedo Medical Center LLC bought 14.67 vacant acres on Forest City Road.
The property is adjacent to Memorial Regional Hospital South.
Lee Health’s vice president of facilities and support services, Dave Kistel, said all these projects are not a coincidence.