South Broward Hospital District Acquires Medical Office In Hollywood For $69 Million

This transaction involves a medical office asset located at 3440 Hollywood Boulevard and 200-300 South Park Road in Hollywood, FL. The property encompasses 16 acres and has a total square footage of 254,015. The sale price for this transaction was $69,000,000, equating to a price per square foot of $272.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $69,000,000
• Address: 3440 Hollywood Boulevard & 200-300 South Park Road
• Market: Hollywood, FL
• Acres: 16
• Square Footage: 254,015
• Price per Square Foot: $272
• Buyer: South Broward Hospital District
• Seller: Grant Horwitz - Fox Ridge Capital; Jax Capital Investments & TKF Real Estate Investment
• Buyer’s Representative: Christian Lee - CBRE
• Seller’s Representatives: Scott O'Donnell, Dominic Montazemi, Mike Davis, Rick Brugge, Rick Colon, Mike Ciadella, Greg Miller & Miguel Alcivar - Cushman & Wakefield

The transaction was executed with South Broward Hospital District as the buyer, represented by Christian Lee from CBRE. The seller, Grant Horwitz from Fox Ridge Capital along with Jax Capital Investments and TKF Real Estate Investment, had multiple representatives in the deal including Scott O'Donnell, Dominic Montazemi, Mike Davis, Rick Brugge, Rick Colon, Mike Ciadella, Greg Miller, and Miguel Alcivar from Cushman & Wakefield.