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CREG Brokers Sale Of Southpoint Surgery Center In Jacksonville

Southpoint Surgery Center-Jacksonville

Capital Real Estate Group – U.S. Healthcare Investment Sales (CREG) has brokered the sale of Southpoint Surgery Center, a 34,029-square-foot medical office building in Jacksonville.

An unnamed REIT purchased the property for $18.6 million. CREG represented the undisclosed seller in the transaction.

Southpoint Surgery Center is anchored by Ascension St. Vincent (ASC), a healthcare system in Northeast Florida. The first floor of the property houses the surgery center and the second and third floors are leased to Florida Eye Specialists.

Southpoint Surgery Center is located adjacent to the 309-bed hospital campus of ASC’s Medical Center Southside, an affiliate of Ascension Health.

Source: RE Business

September 8, 2022/by ADMIN

Ground Broken On New 87-Acre Florida Medical Complex With ASC

construction site with crane and building_canstockphoto7783211 760x320

Site work has begun on a new 87-acre medical complex in Panama City Beach, Fla., that will include an ASC, facilities for orthopedic surgery and cardiology, a hospital, urgent care and primary care, according to an Aug. 29 report from the Panama City News Herald.

The center is being built through a partnership between Tallahassee (Fla.) Memorial Healthcare, Tallahassee-based Florida State University and St. Joe Company, a developer.

The hospital building was originally slated to open with 30 to 40 inpatient beds, before expanding to 100 down the line, but due to demand, the facility may need all 100 beds now, according to the report.

The medical office building on the currently-unnamed campus is expected to open sometime in 2024, with the hospital set to open in 2027.

“There’s a lot of great hospitals in this area, but [they] are a distance away,” Andrew Starr, chief health operations officer at Tallahassee Memorial Healthcare, told the Herald. “That [creates] a real opportunity [for this campus], and also a situation that needs to be bridged as you have more and more citizens moving into this immediate area and the surrounding areas. Having a healthcare infrastructure to further support the growth and population is not a want, it’s a need.”

Source: Becker’s ASC Review

August 31, 2022/by ADMIN

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