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Healthcare Trust of America buys Trilogy Center II medical building

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  • | 10:00 a.m. October 31, 2014
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  • Tampa Bay-Lakeland
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BUYER: HTA-McMullen Eat LLC, Scottsdale, Ariz.
SELLER: Trilogy Center II LLC
PROPERTY: 3280 N. McMullen Booth Road, Clearwater
PRICE: $17.3 million
PREVIOUS PRICE: $2 million, November 2009
LAW FIRM ON DEED: Melveny & Myers LLP, San Francisco

Healthcare Trust of America Inc. purchased the two-story Trilogy Center II medical office and ambulatory surgical center for $17.3 million.

The price equated to $401 per square foot. That figure is higher than the two-year average price per square foot for office space ($118) in the Tampa Bay area, according to the CoStar Group.

Optimal Outcomes LLC developed the 43,124-square-foot medical building across McMullen Booth Road from the Mease Countryside Hospital in 2011. It was 100% occupied at the time of the sale. Tenants include Florida Cancer Specialists, Florida Spine Institute and The Macula Center, among others.

Healthcare Trust of America is a public real estate investment trust focused on acquiring, owning and operating medical office buildings. Its portfolio currently covers 14.6 million square feet in 27 states.


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