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Marcus & Millichap's Miami office secured funding for the purchase of a Jacksonville medical facility.
The Calabasas, California-based company (NYSE: MMI) announced Tuesday that it arranged $23.63 million in financing for the purchase of Lakeview Health, a single-tenant drug and alcohol rehabilitation center at 1900 Corporate Square Blvd.
Trending: Public company to close Pompano Beach facility, lay off 87 employees
Rober Bhat, senior managing director in Marcus & Millichap’s Miami office, secured the financing.
The property includes two buildings, which were both renovated in 2016.
The land at 1900 Corporate Square Blvd. last sold in three parcels for $15 million in 2016, $5.33 million in 2015 and $7.7 million in 2013 to Store Master Funding V LLC, according to county records.
Marcus & Millichap is the seventh-largest commercial real estate brokerage in South Florida for total amount in sales and leases. According to the South Florida Business Journals most recent Commercial Real Estate Brokerages List, the Calabasas, California-based company earned over $1.5 billion in combined sales and leases in South Florida for the 12 months ended July 31, 2023.
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Sum dollar volume sales/leases in S. Fla.
| Rank | Prior Rank | Company / Prior (*Not ranked in year prior) / URL |
|---|---|---|
1 | 1 | Cushman & Wakefield |
2 | 2 | CBRE |
3 | 3 | JLL |
