The Bonita Bay Medical Centre , a 70,000 square foot office building in Bonita Springs, Florida was recently sold according to Dougall McCorkle of Premier Commercial Inc. who represented the buyer in the transaction. The three story Class A office building was initially constructed in 1995 and is located in Bonita Bay along US 41, adjacent to the Promenade shopping center.
The building was sold for $4.25 million to the Bonita Bay Club. The seller was AW Bonita Bay, LLC.
The seller had purchased the building in 2012 along with a portfolio of six other medical properties. According to Brian Waxman of AW Property Company, the Bonita Bay Medical Centre was sold because it didn’t fit into their core holdings which primarily are on Florida’s East Coast and was initially part of a larger portfolio transaction. According to McCorkle the building was not marketed for sale but ‘’it was an exact fit for the needs of our client at a very compelling value”. The building is planned to be a focal point of Bonita Bay Club’s expanding level of world class services for its residents. While the building will continue to be home for its existing tenants, the Club will occupy much of the currently vacant space.