Medical Building Trades For $48 Million

Jan 02, 2014 No Comments by

An affiliate of Tenet Healthcare Corp. paid $48 million for a medical office building adjacent to its Palmetto General Hospital in Hialeah.

North Miami Beach-based Pal-Med Holdings, which is managed by Marc Osheroff and Alan Gross, sold the building at 7160 West 20th Ave. to Tenet affiliate Lifemark Hospitals.

Tenet previously had a ground lease on the property. Much of the 454,785-square-foot building is used for outpatient services, medical offices and parking.

The building was last purchased for $37 million in 2008.

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Industry News, Miami-Dade County Office, NA, Office
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