Baptist Health Acquires 493K-SF Jax Medical Office Complex
Baptist Health paid $65 million for the Southbank Medical Pavilion, a 493,000-square-foot healthcare asset at 841 Prudential Drive in downtown Jacksonville. ShareMD was the seller. Transwestern represented ShareMD in the disposition to Baptist Health. The 22-story Southbank…
Baptist Health paid $65 million for the Southbank Medical Pavilion, a 493,000-square-foot healthcare asset at 841 Prudential Drive in downtown Jacksonville. ShareMD was the seller. Transwestern represented ShareMD in the disposition to Baptist Health. The 22-story Southbank…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine commercial real estate acquisition involving a healthcare office complex, representing ordinary business activity with limited broader market impact or novelty for credit-market professionals.
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Baptist Health Acquires 493K-SF Jax Medical Office Complex
Baptist Health paid $65 million for the Southbank Medical Pavilion, a 493,000-square-foot healthcare asset at 841 Prudential Drive in downtown Jacksonville. ShareMD was the seller. Transwestern represented ShareMD in the disposition to Baptist Health. The 22-story Southbank…