Updated Oct 1, 2026
Anchor Health Properties Acquires MedSquare Port St. Lucie From Flagler MAS AJP For $16.3M
190 Southwest Becker Road
$16,300,000
$239/SF
Building Size
68,000 SF
Asset Type
Medical Office
Closing
Sep 25, 2026
About this deal
AI
The medical office asset located at 190 Southwest Becker Road in Port St. Lucie was sold for $16,300,000. This property encompasses 68,000 square feet and has a price per square foot of $239. The development, known as MedSquare® Port St. Lucie, is a Class A medical office that is currently under construction, with completion expected by the end of 2027. It is fully preleased to Cleveland Clinic.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $16,300,000
- Square Footage: 68,000
- Price per Square Foot: $239
- Buyer: Anchor Health Properties
- Seller: Flagler MAS AJP (a joint venture between Alberto Perez, Juan Carlos Mas, and Chris Coots)
- Market: Port St. Lucie
The sale was directly negotiated by the partners in the joint venture, Flagler MAS AJP, which includes MAS AJP and Flagler Healthcare Solutions. The individuals involved in this transaction are Alberto Perez, Juan Carlos Mas, and Chris Coots, representing the seller in this deal.
On the Map
$16,300,000
$239/SF
Medical Office
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Players
Port Saint Lucie Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93