$14.8 Million Single-Tenant Medical Office Building Sold by Marcus & Millichap in Fort Myers, FL

Orthopedic Medical Center, 2531 Cleveland Avenue, Fort Myers, FL

Kirk Felici

FORT MYERS, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Orthopedic Medical Center in Fort Myers, Fla. The $14.8 million sales price equates to $377 per square foot.

Matthew Greenspon, associate vice president investments in the firm’s Raleigh, N.C. office, represented the seller, The Macsydney Co. LLC. The buyer is Rose Hill Fort Myers LLC.

Kirk Felici, first vice president and regional manager in Miami, is Marcus & Millichap’s broker of record in Florida.

            “The Orthopedic Medical Center is 100 percent triple-net-leased by Orthopedic Specialists of Southwest Florida (OSSWF), one of Florida’s premier orthopedic practices,” says Greenspon.

            The Orthopedic Medical Center is located at 2531 Cleveland Ave. next to Lee Memorial Hospital in Fort Myers. The 39,281-square-foot building was built in 1981 on 2.8 acres.

For a complete copy of the company’s news release, please contact:

Gina Relva

 Public Relations Manager

Marcus & Millichap

(925) 953-1716