“Chicken Soup for the Soul” publisher sells Deerfield Beach building

HCA bought the office building for about $124 psf

Miami /
Aug.August 13, 2019 02:32 PM
3201 Southwest 15th Street (Credit: Google Maps)

3201 Southwest 15th Street (Credit: Google Maps)

UPDATED, Aug. 14, 2:14 p.m.: The publisher of the popular book series “Chicken Soup for the Soul” sold a commercial property in Deerfield Beach for $12.9 million.

Health Communications, a company managed by publisher Peter Vegso, sold the roughly 104,000-square-foot building at 3131 and 3201 Southwest 15th Street to a subsidiary of Nashville-based HCA Healthcare.

The building, on two parcels of land, sold for $124 per square foot, records show. Vegso initially purchased the larger of the two parcels in 1998 for $2.6 million. HCA subsidiary Integrated Regional Laboratories will occupy the building.

Douglas Mandel and Tyler S. Kuhlman of Marcus & Millichap were the listing brokers. Anthony Brunetti and Tom Adams of Florida Medical Space represented the buyer.

HCA is one of the largest healthcare operators in the country. The company owns and operates 185 hospitals and about 2,000 sites of care, including surgery centers, free standing emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom, according to its website.

In 2017, HCA bought a shopping center in Davie just west of Nova Southeastern University for $22 million, property records show.

Deerfield Beach, close to Fort Lauderdale and I-95, has become a target for commercial and industrial investors.

In February, Brookfield Property Partners bought four commercial properties at Deerfield Beach’s Quorum Business Center for $36.3 million.

In late 2018, Adler Real Estate Partners bought a corporate park at 348-398 and 402-636 Southwest 12th Avenue in Deerfield Beach for $35.1 million.


Related Articles

arrow_forward_ios
Jorge Perez and Jon Paul Perez with Terminal Island (Getty, iStock)

Related gets height increase needed for Terminal Island office project in Miami Beach

Related gets height increase needed for Terminal Island office project in Miami Beach
Rendering of the Dorsey with Alex Karakhanian, Jon Paul Perez and Tricera’s Scott Sherman and Ben Mandel (iStock)

Related scores $88M construction loan for Dorsey project in Wynwood

Related scores $88M construction loan for Dorsey project in Wynwood
Elliott Management's Paul Singer, Microsoft CEO Satya Nadella and Citadel's Ken Griffin (Getty)

Microsoft, Citadel and Elliott Management among firms expanding in South Florida

Microsoft, Citadel and Elliott Management among firms expanding in South Florida
Prologis CEO Hamid Moghadam, Amerant CEO Millar Wilson and 12496 Northwest 25th Street in Sweetwater (Google Maps; Prologis; Amerant)

Prologis pays $12M for Sweetwater office building

Prologis pays $12M for Sweetwater office building
6262 Sunset Drive in South Miami with USAA CEO Len O’Donnell and Ardent Companies CEO Matt Shulman (Photos via Google Maps; Ardent; USAA)

Ardent buys South Miami medical office building for $37M

Ardent buys South Miami medical office building for $37M
Phillips Point office towers with Related's Stephen Ross (JLL, Getty)

Related Cos. to pay $282M for West Palm Beach office towers

Related Cos. to pay $282M for West Palm Beach office towers
Blackstone's Jon Gray and 2MiamiCentral (Getty)

Blackstone inks lease at MiamiCentral in downtown Miami

Blackstone inks lease at MiamiCentral in downtown Miami
From left: Tom Brady and Gisele Bündchen; Pharrell Williams; Sylvester Stallone and Jennifer Flavin; Jared Kushner and Ivanka Trump (Getty, iStock)

South Florida’s biggest real estate stories of 2020

South Florida’s biggest real estate stories of 2020
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...