Outpatient

Wellington Medical Center

Flagler in partnership with OCPBC acquired the Wellington Medical Center.

The property is a newly constructed 2-story medical office building situated on State Road 7 in Wellington, Palm Beach County, in close Proximity to the UHS Wellington Regional Hospital. Flagler acquired the property in May 2016 with 50% occupancy. Former owner had signed a 12-year lease with Fresenius ( US leading Dialysis Group) for the entire ground floor. At closing, Flagler signed a 15-year lease with the Orthopedic Center of Palm Beach County for the entire second floor.

MORE OUTPATIENT PROJECTS

Flagler acquires Bethesda Health City, Florida’s largest “medical mall” with 133,000 sqf and develop an additional 36,000 sqf.

Flagler in partnership with OCPBC acquired the JFK Medical Center.

Flagler structured the sale-and-lease-back of 17 condo units through direct negotiations with the 17 condo owners. This 52,157 sqf MOB is a primary care hub with a convenient drive-through pharmacy on the ground floor.