Pembroke Pines Medical Campus Fetches $21.36 Million

Written by on 01.03.17 in Done Deals, Investment Trends, Office, Retail - No comments

The Pembroke Pines Medical Campus, a four-building complex adjacent to Memorial Hospital West, has traded for $21.36 million.

Hamesh Investment LLC of Aventura bought the property along Hiatus Road from The Professional Centre at Pembroke Lakes LLLP, based in New York. Cushman & Wakefield represented the seller.

Tenants include Asthma and Allergy Associates of Florida, Children’s Urology Associates, Pediatric Associates and South Florida ENT Associates.

“Medical offices are considered attractive investments due in part to declining hospital inpatient rates,” Cushman’s Scott O’Donnell said in a statement.

 

Source: SunSentinel

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