Charlotte, NC-based Flagship Healthcare Properties, an outpatient healthcare real estate firm, has acquired a Class A, 100% leased medical office building located at 954 S. Orlando Avenue in Winter Park, FL.

Matthew Wienberger with Franklin Street represented the undisclosed seller in the transaction.

Flagship Healthcare Properties purchased the property through its private real estate investment trust, Flagship Healthcare Trust, which currently holds interest in more than 93 healthcare properties valued at over $906 million.

The property is located in downtown Orlando in close proximity to the 300-bed AdventHealth Winter Park hospital. The former office building was renovated and repurposed as a medical office building in 2022 and is anchored by RAYUS Radiology, a full-service, diagnostic imaging clinic.

Flagship Healthcare Properties in December also acquired a Class A medical office building located at 250 Avenue K SW in Winter Haven, FL for $6.8 million.

That 27,910-square-foot property was originally built in 2005 and renovated in 2020, and tt is anchored by the Center for Retina and Macular DiseaseThe property is near the Baycare Winter Haven Women’s Hospital and Baycare Winter Haven Hospital.

The seller of the Winter Haven MOB was represented by Collin Hart and Andy Matti with ERE Healthcare Real Estate Advisors.