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Miami-Based Vitalis CEO On Medical Office Growth In Region, State

Jacksonville’s positive demographic trends for health care and demand led to Miami-based real estate investment firm Vitalis buying the 10,647-square-foot St. John’s Interventional and Vascular Institute for $3.8 million. Growth in the sector is driven by an aging population and changes in the way health care is provided, with services like surgery, imaging, gynecology or orthopedic care taking place outside of hospitals.