Pembroke Pines Medical Plaza sells for $38.3 million
United States, June 10 -- JLL Capital Markets announced it has closed the $38.3 million sale of Pembroke Pines Medical Plaza, a four-building, 91,956-square-foot medical outpatient building complex in Pembroke Pines, Florida.JLL represented the seller, PPM Capital, LLC, in the sale of the property to New York Life Real Estate Investors.Pembroke Pines Medical Plaza is located at 400, 500, 600 and 700 North Hiatus Road, less than a mile from the 502-bed Memorial West Hospital and within 15 minutes of two other Memorial Healthcare System hospitals. The property has convenient access to major thoroughfares, including Interstate 75, Florida's Turnpike and Interstate 95. In addition, the property is located in a busy commercial corridor, surround...
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