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Medical office properties continue to draw in investors due to the long-term demand drivers that are shaping the healthcare industry. According to Berkadia’s H1 2023 U.S. Medical & Life Sciences Report, Tampa, FL made it onto the national list for top sales volume during Q1 of this year, ranking eighth with $750 million in sales volume.

One recent example is The Laramar Group’s acquisition of a multi-tenant building located at 10909 W Linebaugh Ave., Tampa – known as Linebaugh Avenue Medical Office Building – which was purchased for their closed-end Laramar Medical Properties Fund I portfolio and consists of 28,000 square feet built in 2000 and fully leased out already. This asset is situated close by three hospitals and less than 10 miles away from Tampa International Airport making it an ideal investment opportunity for them according to Ben Slad (Senior Vice President of Investments) who said “We are excited about adding this property into our growing medical office portfolio.”