United Capital announced the acquisition of a 2.8-acre site featuring a 12,216-square-foot medical office building situated at 22395 Edgewater Dr. in Port Charlotte.
The acquisition was completed through a 1031 Exchange, with Adam J. Tiktin and Sylvia Tiktin of United Capital securing the property for $4.89 million from Bayshore Partnership, LLP.
United Capital’s portfolio includes single and multi-tenant retail, medical office, health care and educational related properties throughout Florida. The firm is led by a multi-disciplinary team of professionals with extensive institutional and entrepreneurial experience in buying, owning, operating and selling real estate over a variety of market cycles. Its property management affiliate provides hands-on, real time market knowledge.