Medical Office Building In Broward Sells For $11M

A medical office building near Plantation General Hospital traded for $10.9 million in two transactions.

Plantation-based 4100 Hospital Drive LLC, managed by developer Bruce Chait, issued two deeds for $5.45 million each for the 37,436-square-foot medical office building at 4100 S. Hospital Drive to 4100 Hospital Office LLC, managed by Janalie C. Joseph in West Palm Beach. Keystone Real Estate Income Trust provided a $5.8 million loan to the buyer.

The price equated to $291 per square foot.

The property last traded for $3.25 million in 2017. It was built on the 3.2-acre site in 1968.

Plantation General Hospital is slated to move into a new building on Nova Southeastern University’s campus in Davie.

 

Source: SFBJ

Development Services development services

Niche Services

Florida Medical Space

Florida's Health Care Real Estate Leader.
Your trusted real estate advisor.

Florida Medical Space is Florida’s first and only statewide, full service medical real estate company. We are a highly focused and specialized team of investment, marketing, leasing and management professionals at your full disposal so you can focus on what matters most. We've assembled the brightest and most qualified team of healthcare real estate professionals to provide unparalleled service to the physicians, healthcare executives and investors who serve the healthcare needs of residents of Florida. We are headquartered in South Florida and are also active in Central Florida, Orlando and Jacksonville. Physicians, hospital administrators, healthcare executives, landlords and investors can depend on FMS for expert guidance in all real estate matters. Call one of our trusted advisors today for a complementary analysis of your situation.
1.954.346.8200
homeland
Florida Medical Space, Inc., Copyright 2014. FMS is not responsible for any errors or misinformation contained within this website.
CALL 1.954.346.8200
patrol-services

Call Us Today


Miami-Dade: 

Tenant & Buyers tenant buyer rep

 | 

Broward: 

Leasing & Sales Palm Beach Properties - Medical office space Boynton Beach