The partnership acquired a medical workplace constructing in Delray Seaside.
Anchor Well being Properties, in a three way partnership with Harrison Road, has acquired a 31,886-square-foot medical workplace constructing in Delray Seaside, Fla. In keeping with Palm Seaside County data, the property bought for $14.9 million and the client acquired an acquisition mortgage of $15.1 million from Capital One.
CommercialEdge information exhibits that the Class A asset beforehand traded in 2018, when the earlier proprietor, Flager Funding, purchased it for $9.8 million.
The 2-story medical workplace constructing got here on-line in 2005. Anchored by an outpatient surgical procedure middle owned by Tenet Healthcare, the asset was totally leased on the time of sale. The roster additionally options Florida Ache Administration Institute, South Palm GI and Gastro Well being. On-site specialty care companies embody ache administration, urology, basic surgical procedure, gastroenterology, colorectal surgical procedure and most cancers care.
Situated at 4675 Linton Blvd. simply east of South Army Path, the property is 6 miles from Boca Raton and 23 miles from West Palm Seaside. The Tenet-owned Delray Medical Middle is 1 mile away.
Greg Trainor, managing associate with Fairfield Asset Advisors, and Len Blackman, managing principal at Leklen Realty, brokered the transaction. Albert Lord, funding supervisor with Anchor, led the acquisition.
In June, Anchor Well being and Harrison Road acquired one other metro Miami property. Starwood Capital Group bought the 95,777-square-foot medical workplace constructing in Plantation, Fla., for $45.5 million.
