Three Healthcare Related Transactions Rank Among South Florida’s Largest Office Sales In October
South Miami Medical Arts Building – Estate Investments Group | $5.8M
Estate Investments Group purchased the South Miami Medical Arts building in South Miami for $5.8 million.
The 21,455-square-foot property at 6201 Southwest 70th Street traded hands for about $270 per square foot. The seller, 6201 of Miami LLC, is tied to the construction engineering company Munilla Construction Management.
The four-story building was completed in 1972, records show.
5297 West Copans Road – Centers Health Care | $5.5M
Centers Health Care bought a nearly 33,000-square-foot, single-story office building with lake views in Margate for $5.5 million.
The seller, Northwest Broward Development LLC, is led by attorney Leigh Katzman. The property at 5297 Copans Road previously sold for $3.2 million in 2010.
Sunrise Medical Park – Marc Gordon | $5M
Sunrise Medical Park, a medical office complex consisting of five, one-story buildings, sold for $5 million to Flamingo Medical Office LLC, led by Marc Gordon.
The seller is a company tied to Levy Realty Advisors. The property at 8391-8399 West Oakland Park Boulevard last sold for $3.2 million in 2011. Tenants include Holy Cross and Tenet Hospital Groups.
Source: The Real Deal