The property involved in this transaction is the Boynton Beach Medical Plaza, a two-story, multi-tenant medical office building located at 10151 Enterprise Center Blvd, Boynton Beach, Florida. The building spans approximately 50,684 square feet and was sold for $14,500,000. It is situated in a market known for its growth, specifically in the medical sector, and was approximately 90 percent occupied at the time of sale.

Summary of transaction details:

• Property Type: Medical Office Building
• Transaction Amount: $14,500,000
• Address: 10151 Enterprise Center BLVD, Boynton Beach, FL
• Market: New York
• Square Footage: 50,684
• Seller's Representative: Adam Greenberg, DLC Management Corporation
• Buyer: Woodside Health LLC
• Seller: Boynton Beach Medical LLC

The deal featured representation from NGKF Capital Markets, with Executive Managing Director Adam Greenberg and Managing Director Michael Lohmann acting on behalf of the seller, Boynton Beach Medical LLC. The buyer, Woodside Health LLC, based in Ohio, completed the acquisition of the property, which is positioned close to major transportation routes such as Interstate 95 and Florida’s Turnpike, enhancing its accessibility.