Sale of two newly constructed medical office buildings in Tampa MSA closes
JLL Capital Markets led the sales effort for the medical office buildings totaling 75,000 square feet, fully leased to Women’s Care
TAMPA, June 28, 2022 – JLL Capital Markets announced today that it has closed the sale of two newly constructed, Class A medical office buildings totaling 75,000 square feet in Brandon and Plant City, Florida within the fast-growing Tampa metro area.
JLL represented the seller, Harrod Healthcare Real Estate (“HHRE”), in the sale to Big Sky Medical Real Estate.
The two properties are fully leased to Women’s Care, the region’s dominant multispecialty women’s health practice with more than 350 providers and over 100 outpatient locations across Florida.
The best-in-class outpatient facilities were constructed in 2019 and designed to house multiple specialties including OBGYN, fertility, fetal medicine, breast surgery and gynecological oncology.
The JLL Healthcare Capital Markets team representing the seller was led by Senior Managing Directors Brian Bacharach and Mindy Berman, Managing Director Brannan Knott and Vice President Vasili Davos.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment and sales advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Harrod Healthcare Real Estate
Harrod Healthcare Real Estate (“HHRE”) is a full-service real estate firm specializing in Portfolio Strategy, Development, Brokerage, Property Management and Equity Partnerships. The firm takes a holistic approach to evaluating their clients’ needs. These can be as simple as instituting professional property management or as complicated as consolidating a portfolio of practices. Their executive team has extensive institutional real estate experience as owners, operators, developers, lenders and brokers. Their primary objective is to create and execute real estate strategies that enable their clients to deliver the best care in the most cost-effective manner.
About Big Sky Medical Real Estate
Big Sky Medical Real Estate (“Big Sky”) is a national real estate investment management firm that invests in healthcare real estate across the United States with a concentration within the medical office and life science sector. Big Sky is headquartered in Dallas, Texas, with an investment focus all over the Southwest, Southeast, Midwest and Mid-Atlantic. Big Sky’s key management has over $2 billion in healthcare real estate investment experience.