841 Prudential
JACKSONVILLE, FL—ShareMD, a growing Atlanta-based medical officebuilding owner/operator, has acquired a 20-story iconic officetower in downtown Jacksonville for $67 million. Miami-based Easton& Associated represented ShareMD in what it describes as one ofthe priciest transactions in North Florida this year. CBRErepresented the seller, Chicago-based GEM Realty.
"Jacksonville, Florida is a target market for investment firmsas the metro has the fastest growing 65-and-older population andmedical office occupancy rates are some of the highest in thecountry at 95%," Easton VP Elliot LaBreche tells GlobeSt.com. Thelimited supply of new medical office construction will lead tofurther positive absorption and rent appreciation as well."
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