The property consists of a 9-story office tower, a 2-story medical office building and a development pad.
Stigliano was also able to refer the Buyer to a lender that specialized in medical owner-occupied buildings. The lender provided the first mortgage which included additional funds for tenant improvements at a very low interest rate which made the transaction even more attractive.
The buildings, which total 64,436 square feet, were 93.5% occupied at the time of the sale.
He has 14 years of experience in South Florida commercial real estate covering most types of transactions and representation. His experience in office and industrial agency and tenant representation, healthcare, multimarket portfolio accounts and advisory services lends itself as a perfect fit to the Sperry platform of services.
MedSquare Health, which comprises 116,000 square feet, opened in November 2020.
Holy Cross Hospital has occupied the space since 1995. CLICK ON THE HEADLINE FOR MORE
The 4 lease deals range from 18,607 square feet down to 1,899 square feet. CLICK ON THE HEADLINE FOR MORE
Prior to joining Colliers, he served as a Vice President at Stiles Realty. CLICK ON THE HEADLINE FOR MORE
ShareMD has acquired a dozen healthcare and medical/professional properties in the past two years totaling 750,000 square feet in Florida alone. CLICK ON THE HEADLINE FOR MORE
Jay Whelchel and Kristy Hartofilis with Whelchel Partners Real Estate Services represented the landlord in the lease deal. CLICK ON THE HEADLINE FOR MORE