News & Notes

Tampa REIT sells Texas health care center for $258 million

In the week's top commercial real estate news, a developer gets $75 million loan for Fort Myers project, an $11 million Pasco hospice is under construction, and a Longboat building is on the market.


  • By Louis Llovio
  • | 5:00 a.m. December 17, 2023
  • | 0 Free Articles Remaining!
UTMB Health Clear Lake Hospital was sold by Sila for $258.4 million.
UTMB Health Clear Lake Hospital was sold by Sila for $258.4 million.
Image via UTMBHealth.com
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Naples/Fort Myers

Sleep with the fishes: A 20-acre site in Port Charlotte has sold and will be protected from development. The acreage is in the Charlotte Harbor Preserve State Park and sold for $29,330.70. While in the world of high stakes real estate that may seem like a pittance, preserving the space will protect tarpon, snook and redfish allowing them to breed and grow unbothered says the buyer, the Conservation Foundation of the Gulf Coast. It bought the “in-hold” parcel in a deed tax auction. The Osprey-based organization say “inholding” is a term for privately-owned property within a national forest, state park or other protected areas. The estuary, according to a statement, is at the mouth of Tippecanoe Bay on Sam Knight Creek, a tributary to Charlotte Harbor.


 

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