A two-story medical office building in Palm Beach Gardens sold for $14.85 million.

Monet Road LLC, managed by Michael Fine in North Palm Beach, sold the 38,944-square-foot medical office building at 900 Village Square Crossing to Palm Beach Gardens 900 Medical Properties LLC, managed by Boca Raton-based Kayne Anderson Capital Advisors. The price equated to $381 per square foot.

It was constructed on the 5.1-acre site in 2012.

Tenants in the building include SurgCenter of Palm Beach Gardens. Space in the building was recently advertised online for lease at $26 per square foot.

Source: https://www.bizjournals.com/southflorida/news/2019/11/25/palm-beach-gardens-medical-building-sold.html