Charlotte, NC-based Flagship Healthcare Properties, an outpatient healthcare real estate firm, has acquired a newly built, Class A medical office building located in Winter Garden, Florida.

The property was acquired through Flagship Healthcare Properties‘ private real estate investment trust, Flagship Healthcare Trust. Flagship Healthcare Properties will also provide property management and asset management services for the property.

The 23,241-square-foot property, located at 12323 W Colonial Drive, is anchored by AdventHealth Well 65+, a primary care practice. The property benefits nearby hospital systems such as AdventHealth Winter Garden and Orlando Health – Health Central.

The Winter Garden area is known for its West Orange Healthcare District, a former healthcare investor that amassed more than $245 million for the community in 2022.

 “As Orlando’s population has continued to swell, bedroom communities like Winter Garden have benefited and are experiencing explosive growth with an increased need in support services such as patient-focused healthcare,” said Flagship Healthcare Properties EVP of acquisitions Gerald Quattlebaum.