Tag Archive for: westside regional medical center

Six-Building Medical Office Campus In South Florida Changes Hands

Plantation Medical Park_Photo Courtesy Of Avison Young 760x320

A six-building, single-story medical office campus totaling 63,319 square feet at 6710-6834 West Sunrise Blvd. in South Florida’s Plantation submarket sold for $15,450,000, which equates to $244 per square foot.

Avison Young sold the asset on behalf of PPP Capital, LLC. The buyer was Bezrat H., Corp.

Plantation Medical Office Park is in a densely populated, major commerce and medical hub with over 200,000+ residents, 7,000+ businesses, and $2.3 billion in total consumer spending within a five-mile radius. With exceptional visibility from Sunrise Boulevard, the Park is strategically located just three miles from Westside Regional Medical Center, a full-service 250-bed hospital. Notable tenants include American Access Care, Dickens Sanomi Academy, and Baptist Hospital of Miami, Inc.

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Medical Office Building Near Plantation Hospital Sells For $15.5M

Westside-2

The Westside Medical Arts Building near Westside Regional Medical Center in Plantation sold for $15.5 million.

Westside Medical Center Development LLC, managed by Dhvanit Patel of Tampa-based Onicx, sold the 40,296-square-foot medical office building at 8251 W. Broward Blvd. to Westside MOB LLC, in care of Irvine, California-based Healthpeak Properties, an investor in medical office properties nationwide. The price equated to $385 per square foot.

The building sits on a 19,301-square-foot site leased from the owner of the hospital. The deed was for an assignment of the land lease, not the underlying land.

 

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