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The portfolio covers medical office buildings in four high-growth markets — Dallas, Pittsburgh, Tampa and Atlanta. The assets were 96% leased at the time of acquisition and are either newly constructed or newly renovated,. More than 65K SF of new or renewed leases have been signed since May, signaling strong demand despite a downturn in the economy.
The 12-story Mockingbird Towers asset is located within the booming West Love/Medical District submarket of Dallas. Built in the 1970s, the almost 450,000-square-foot high-rise project has been substantially renovated with almost $11 million in upgrades since 2015.
Close partnerships help futureproof healthcare facilities. Often, that starts with designs that can significantly reduce the environmental footprint and utility costs. For tropical and coastal environments like South Florida, structures need to withstand humid environments, heavy winds, and potential flooding, and hospitals must remain operational to serve patients during hurricanes or other natural disasters.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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10167 NW 31st St #102
Coral Springs FL 33065