AdventHealth Acquires Upshot Medical Center In Orlando For $60 Million With Brokers Chuck Holliday & Elliott Jamison

The property involved in this transaction is a medical office located at 1682, 1718 & 1724 North Mills Avenue in Orlando. The sale price was $60,000,000 for a total square footage of 72,000 and a price per square foot of $833. The asset encompasses 2.55 acres, which includes an office building and an 850-space parking garage. This acquisition is part of a larger strategy to address the community's healthcare needs.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $60,000,000
• Address: 1682, 1718 & 1724 North Mills Avenue
• Market: Orlando
• Asset Size: 2.55 Acres
• Square Footage: 72,000
• Price Per Square Foot: $833
• Buyer: Rob Deininger - AdventHealth
• Seller: Raul Socarras & Juan Carlos B. Gomez - Upshot Capital Partners
• Broker Representatives: Chuck Holliday & Elliott Jamison - Jamison Commercial Partners

This deal showcases the involvement of several key individuals, including buyer representative Rob Deininger from AdventHealth, who aims to enhance healthcare access in the community. On the selling side, Raul Socarras and Juan Carlos B. Gomez represented Upshot Capital Partners in this transaction. The brokerage team from Jamison Commercial Partners facilitated the transaction through Chuck Holliday and Elliott Jamison.