Medical Building Trades For $48 Million

An affiliate of Tenet Healthcare Corp. paid $48 million for a medical office building adjacent to its Palmetto General Hospital in Hialeah.
North Miami Beach-based Pal-Med Holdings, which is managed by Marc Osheroff and Alan Gross, sold the building at 7160 West 20th Ave. to Tenet affiliate Lifemark Hospitals.
Tenet previously had a ground lease on the property. Much of the 454,785-square-foot building is used for outpatient services, medical offices and parking.
The building was last purchased for $37 million in 2008.