ShareMD Pays $67 Million For Southbank Tower Anchored By One Call, Baptist Health

Feb 21, 2020

Atlanta-based ShareMD, a medical office building owner and operator paid $67 million for Eight Forty One, the Southbank office tower anchored by One Call and Baptist Health.

Miami-based Easton & Associates, representing the buyer, announced the sale Feb. 21. It said the 841 Prudential Drive property is 80% occupied, according to WJCT News partner the Jacksonville Daily Record

The seller was GV-IP Jacksonville Owner LLC in care of GEM Realty Capital Inc. of Chicago. GEM is a real estate investment trust that partnered with IP Capital Partners. CBRE represented the seller.

ShareMD is “strategically acquiring medical office buildings throughout Florida to meet increased demand for healthcare services as well as to grow their clinical co-working platform,”  Easton & Associates Vice President Elliot LaBreche said in a news release. 

In the past four months ShareMD, has invested $100 million in Florida real estate, Easton said.

An expanded version of this story is at JaxDailyRecord.com.