Baptist Health plans to expand, pays $40M for ground lease and dev site
Baptist Health South Florida is expanding its real estate holdings after acquiring a ground lease in Palm Beach County and a Broward development site for a combined $40 million. In the larger deal, Coral Gables-based Baptist Health, led by CEO Bo Boulenger, paid $26 million for the ground lease of a three-story medical office building at 9868 State Road 7 in Boynton Beach, according to records and real estate database Vizzda. The property is adjacent to the Baptist Health-owned Bethesda Hospital West. The seller of the ground lease is an affiliate of Boca Raton-based The Greenfield Group. Bethesda Hospital owns […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Tribal knowledge built this business. It can’t carry it.
The timing tax: How America’s rent calendar punishes the workers it should protect
Why your best agents leave (and the conversations you should be having now)
How much will mortgage rates fall with the Iran deal and Fed week?
Inside the Biggest Celebrity Real Estate Dramas—From Ivanka and Jared’s $1.4 Billion Resort Uproar to Katy Perry’s Montecito Mansion Fight
The $5,000 Hidden Summer Fee Owners of Older Homes Forget To Budget For
Louisville Sees 33% Surge in Homes on Market as Sellers Flood Back In
South Florida Dirt: Inside the first week of broker George Pino’s trial
Glass-Walled House Perched on a Giant Lakeside Rock Makes It Feel Like You’re ‘Living in the Water’
Why the Luxury Golf Club Lifestyle Has Become the Ultimate Real Estate Status Symbol
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131