In South Florida, projects like Vertical Medical City Biscayne are being designed for the post-pandemic era.
Dallas-based Steward Health is purchasing North Shore Medical Center, Florida Medical Center, Coral Gables Hospital, Hialeah Hospital and Palmetto General Hospital from Tenet Healthcare Corp.
The price equated to $385 per square foot.
The county has seen startling population growth in recent years, going from about 191,000 residents in 2010 to about 264,000 by 2019, according to the U.S. Census Bureau.
The sales price translated to approximately $276 per square foot.