#SeacoastNationalBank

[tradedmiami]

SALE IMAGE: Todd Meredith & Richard M. Rendina DATE: 01/02/2024 ADDRESS: 1397 Medical Park Boulevard MARKET: Wellington ASSET TYPE: Medical Office ~ ACRES: 0.44 BUYER: Richard M. Rendina - Rendina Healthcare Real Estate (@RendinaHRE) & Apollo Equity Investors SELLER: Todd Meredith - Healthcare Realty Trust LENDER: Seacoast National Bank SALE PRICE: $18,250,000 SF: 49,832 ~ PPSF: $366 NOTE: Wellington Medical Arts Pavilion III, a 49,832 sq ft medical office near Wellington Regional Medical Center, was bought for $18.25 million by Rendina Healthcare Real Estate and Apollo Equity Investors, showcasing growing healthcare demand in Palm Beach County. The property last traded at $12.82 million in 2010. #Miami #RealEstate #tradedmia #MIA #Wellington #MedicalOffice #HealthcareRealtyTrust #ToddMeredith #RichardMRendina #RendinaHealthcareRealEstate #ApolloEquityInvestors #SeacoastNationalBank