For Sale: Columbia Medical Plaza – West Palm Beach, Florida – CBRE Inc.

The Offering

CBRE, Inc., acting as exclusive agent, is pleased to offer for sale Columbia Medical Plaza, an 84.1% leased medical office building comprising 43,798 SF of rentable area directly across from the newly repositioned, 250-bed West Palm Hospital. The Property offers an above-market parking ratio and a convenient location, only 0.5-mile from I-95 and 1.0-mile from the Mangonia Park Tri-Rail Station. Since acquiring the Property in 2010, Ownership has increased the occupancy from 32% and invested over $800,000 in capital improvements to tenant suites, landscaping, the lobby and common areas. There remains significant upside potential to stabilize the asset above 90% occupancy without the high capital costs that are often required for a value-add opportunity. 


Investment Summary:

•Strategic location near major hospitals, highways and public transportation 
•Value-add opportunity with strong historical medical office occupancy 
•Robust projected population growth  
•Stable tenant base with a weighted average of 6.4-years of term remaining
•Favorable trends will drive future MOB demand
•Adjacent to HCA-Owned Hospital
For more information on the Columbia Medical Plaza please visit us online at 


Exclusive Contacts

Property Inquiries & Tours

Scott O’Donnell

Senior Vice President

+1 561 393 1602  
Dominic Montazemi

Vice President

+1 561 393 1622

Miguel Alcivar


+1 305 381 6488


Debt & Equity Finance

Jason Hochman

Vice President

+1 305 381 6439


Healthcare Capital Markets

Chris Bodnar

Senior Vice President

+1 303 628 1711  
Lee Asher

First Vice President

+1 404 504 5965


CBRE, Inc. – Licensed Real Estate Broker


More Information

Confidentiality Agreement

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