1250 Medical Plaza trades for $16.1 million

A Palm Beach Gardens investment firm has acquired a four-story medical office building outside downtown Sarasota near Sarasota Memorial Hospital for $16.1 million.

AW Property Co.'s late April deal for the 1250 Medical Plaza ranks as among the largest office deals in Sarasota County in the past year, according to county property records.

The 48,200-square-foot building, completed in 2006, is currently 95% occupied by Partners Imaging Centers and others.