Excerpted from Shopping Centers Today story.
More medical service providers want to grow revenues by reaching out directly to customers, and increasingly they’re doing it in shopping centers or in freestanding retail buildings adjacent to multi-tenant centers.
The latest example comes from Florida, where Sanitas Medical Centers recently signed 14 long-term leases to open facilities across the central and southern portions of the state.
Franklin Street’s Terrence Hart and Tim Rogers in Orlando and Justin Berryman in South Florida represented the tenant in the transactions. “In May of 2018, our retail leasing team was contacted by Sanitas to discuss locating eight new medical centers in Orlando and one in Palm Beach. The biggest challenge we faced was that these locations had to be operational by December 2018,” said Hart, senior retail leasing director at Franklin Street’s Orlando office. “In order to execute such a massive rollout over a short period of time, we needed to put Franklin Street’s Orlando and South Florida leasing teams into action, while balancing our existing clients’ needs. Due to our quick responses and ability to execute the deals, Sanitas honored us by awarding the assignment to serve as its exclusive broker for the South Florida expansions.”
“The new Sanitas Medical Centers will bring high-quality and comprehensive primary care services to each local community,” said Alberto Darsa, chief financial officer at Sanitas Medical Centers, in a press release.
Sanitas Medical Centers, a joint venture between two health-care organizations – GuideWell Mutual Holding Company and Organización Sanitas Internacional, under the Keralty brand. GuideWell is a U.S.-based not-for-profit mutual holding company and the parent to a family of forward-thinking companies focused on transforming healthcare. Sanitas is a leading multi-national health organization serving more than 3 million people with presence in United States, Mexico, Colombia, Venezuela, Peru, Brazil, Spain, Russia, Vietnam, Indonesia and the Philippines.