For Immediate Release
Cushman & Wakefield’s Scott O’Donnell, Mike Ciadella, Greg Miller, Miguel Alcivar, Travis Ives and Gino Lollio Represent ShareMD in its Transaction with Echo Real Estate
In Fort Lauderdale, 5353 N. Federal Highway sold for $4.55 million. The 28,277-square-foot, four-story building is predominantly leased to medical-office users.
BOCA RATON, FLORIDA, January 26, 2026 – Cushman & Wakefield announced today that the firm represented ShareMD in the sale of medical office buildings (MOB) in Fort Lauderdale and Boynton Beach, Florida.
Cushman & Wakefield’s Scott O’Donnell, Mike Ciadella, Greg Miller and Miguel Alcivar, along with Cushman & Wakefield Healthcare Capital Markets advisors Gino Lollio and Travis Ives, represented ShareMD in the sale of the two properties to Echo Real Estate. This is Echo Real Estate’s first acquisition in South Florida.
In Boynton Beach, 2828 S. Seacrest Blvd. sold for $6.9 million and totals 31,747 square feet. The property is directly adjacent to Bethesda Hospital East.
In Fort Lauderdale, 5353 N. Federal Highway sold for $4.55 million. The 28,277-square-foot, four-story building is predominantly leased to medical-office users.
“Both of these properties offer a compelling value-add component that tracks with South Florida’s growth and demographics,” said O’Donnell, Cushman & Wakefield Executive Managing Director. “2828 S. Seacrest is one of only three medical office buildings adjacent to Bethesda Hospital East, operated by Baptist Health, a 401-bed acute-care center with South Florida’s most prominent healthcare provider. For its part, the continued repositioning of 5353 N. Federal Highway to full MOB-use could unlock significant value through strategic transformation and greatly enhance net operating income given the strong local demand from healthcare providers.”
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
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For Further Information Contact:
Bailey Webb
Cushman & Wakefield
+1 404 682 3381
bailey.webb@cushwake.com
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