Memorial Hospital Group Acquires Baymeadows Road Office Buildings For Over $6M

Memorial Hospital Group has acquired two office buildings located at 9432 Baymeadows Road in Jacksonville for a total purchase price of $6,000,000. The office buildings have a combined square footage of 126,162, resulting in an approximate price per square foot of $48. The seller of the properties is Acorn Baywood LLC.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $6,000,000
• Square Footage: 126,162
• Price per Square Foot: $48
• Address: 9432 Baymeadows Road, Jacksonville
• Market: Jacksonville

The transaction was facilitated by Jim Sebesta from Newmark Phoenix Realty Group, who represented the buyer, Memorial Hospital Group. Acorn Baywood LLC enlisted the services of Newmark Phoenix Realty Group for the sale of the office buildings on Baymeadows Road. It is important to note that one of the buildings still remains under the ownership of Acorn Baywood LLC.