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.
Recent Posts
North Palm Beach town center redevelopment tied up in lawsuits
Michael Stern sells interest in Miami Beach condos to majority owner Activate Hospitality
SJC sells Whole Foods complex for $83M amid investor appetite for grocery-anchored real estate
Prominent trial attorney finds buyer for waterfront Boca mansion once owned by Sheetz magnate
South Florida’s top deals: OKO, Cain sell Una Brickell penthouse for $18M
Advertising Real Estate-Related Products and Services
FCC Update on Drones with LiDAR Obstacle Avoidance
Appeals Court Quashes Homie Appeal, Delivers NAR VictoryAppeals Court Quashes Homie Appeal, Delivers NAR Victory
RE Q&A: Should I Add My Daughter’s Name to My House Deed to Avoid Probate Costs?
Solar Panels – Questions to Ask Before Contract
