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Flagship Healthcare Properties has acquired a Class A medical office building located at 954 S. Orlando Avenue in Winter Park, FL.

Flagship Healthcare Properties Targets Central Florida for Medical Office Building Buys

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.


Inside The Story

Flagship Healthcare Properties' Quattlebaum

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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