Press Release
FOR IMMEDIATE RELEASE
Tampa – January 10, 2025 – CBRE facilitated the sale of Wesley Chapel Wellness Plaza, a 95,896-square-foot on-campus medical outpatient building (MOB) located at 2700 Healing Way, Wesley Chapel, Florida to AdventHealth Wesley Chapel.
Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse Greshin of CBRE U.S. Healthcare Capital Markets acted as the exclusive advisors to the seller.
Constructed in 2012, the building offers comprehensive healthcare services for AdventHealth (S&P: AA) that include wellness, wound care, pulmonology, rehabilitation, pediatrics, breast care and surgery, endocrinology, urology, and OB-GYN. The property is located on the campus of the 169-bed AdventHealth Wesley Chapel Hospital, which recently started construction to increase the licensed beds from 169 to 193, with room for two more 24-bed units in the future.
“This is an ideally located MOB on the campus of AdventHealth’s Wesley Chapel Hospital campus that is currently undergoing expansion to accommodate the robust patient demand in Tampa and Pasco County,” said Brannan Knott, CBRE’s Executive Vice President of the U.S. Healthcare Capital Markets practice. “The property is physically attached to the hospital through a covered walkway and it with AdventHealth’s continued growth at the Wesley Chapel campus, it was a natural fit to have AdventHealth acquire the fantastic outpatient and wellness building to continue to serve the community for many years to come.”
The property and hospital cater to a rapidly expanding Pasco County community that’s expected to see a 40% population increase over the next two decades. The AdventHealth Wesley Chapel hospital expansion is expected to be completed later this year.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
Contact:
Olivia Vallone
+1 847 691 9144
Olivia.Vallone@cbre.com
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