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Cushman & Wakefield arranges $10 million sale of Cape Coral Surgery Center

November 30, 2018
Cape Coral Daily Breeze

Cushman & Wakefield has arranged the $10 million sale of Cape Coral Surgery Center Medical Office Building on Del Prado Boulevard in Cape Coral. Gino Lollio and Scott Niedergang of Chicago, brokers in the firm's Healthcare Advisory Practice, Capital Markets, with the assistance of Gary Tasman of Florida, represented the ownership group in the sale.

The ownership group consisted of a number of physicians practicing out of the building and associated with the surgery center operation. The Cushman & Wakefield team also procured the buyer, a California-based real estate private equity firm focused on creating and maximizing value through the strategic acquisition and management of assets throughout the country.

Cape Coral Surgery Center is a 39,142-square-foot, multi-tenant medical office building that is currently 95 percent occupied by nine medical tenants including Cape Coral Surgery Center, 21st Century Oncology and Kagan Jugan & Associates Inc.

The five-operating-room surgery center is run by a partnership between local physicians and the national surgery center operator, Surgery Partners Inc.

Cushman & Wakefield is a leading global real estate services firm. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

 
 
 

 

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