FORT LAUDERDALE, Fla., Oct. 23, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) is the exclusive advisor for the sale of Prospira National Pain Institute portfolio, a six- property assemblage of outpatient medical centers that features five free-standing, single-tenant, net-leased buildings and one single-tenant, net-leased condominium. The properties are located throughout Central and South Florida. The price is $24,920,000.
“The offering presents the investment community with a unique opportunity to purchase a net-leased medical office portfolio located in key submarkets throughout Florida and occupied by one of the largest and most highly respected pain management operators in the country,” says Douglas K. Mandel, senior managing director.
Mandel, Robbie McEwan, CCIM, senior associate, and Braden Dwyer, associate are representing the seller, a private investor.
The Prospira National Pain Institution portfolio properties are: