A strategically located multi-tenant medical office building in a submarket with severe constraints on new development. High construction costs and a scarcity of available land limit new supply.
THE OPPORTUNITY
Acquire a multi-tenant medical office property on North Federal Highway, the dominant medical corridor in Fort Lauderdale. It is located directly between two major hospitals, Holy Cross Hospital (0.5 miles south) and Broward Health Imperial Point (1.0 mile north),
Create value through capital improvements, cosmetic upgrades, speculative suite buildouts, targeted leasing campaigns, and sophisticated property/asset management.
THE RESULT
Currently executing our business plan for the asset, including maintaining & improving the asset with several capital projects including upgrades to the building systems, common areas, exteriors, and landscaping.