PGP has completed its $10.3
million acquisition of Winter Haven Medical Village in
Winter Haven, FL.
CHAPEL HILL, N.C., Oct. 2, 2024 /PRNewswire-PRWeb/ -- Prudent Growth
Partners, LLC, a private equity real estate firm with locations in
Chapel Hill and Charlotte, NC, has completed its $10.3 million purchase of Winter Haven Medical
Village, a 36,637 square foot multi-tenant medical retail center
located in Winter Haven,
Florida.
"We are excited to add a medical center to
our portfolio with the purchase of Winter Haven Medical Village.
The center has a favorable location and is close to a growing area
of greater Orlando. It is another
strong acquisition in Florida." -
Tom Hahn, President of Prudent
Growth Partners, LLC
Built in 2007, the property's modern design and strategic
location make it an attractive investment. The tenant roster
features established medical practices and service providers, which
are well supported by the surrounding population.
The center is strategically located in a major retail corridor
of Winter Haven. It is positioned
just off Cypress Gardens Boulevard and US Hwy 27, two major
thoroughfares south of Orlando,
the property accesses a busy commuter and commercial corridor
between major central Florida
neighborhoods. The Medical Village is shadow anchored by a
high-performing Walmart, ranked in the top 20th percentile in
Florida, and the immediate retail
landscape is home to regional draws like Lego Land, Publix,
Miracle-Ear hearing Air Center, Power Fitness, The Home Depot,
Kohl's, and Pet Smart..
"We are excited to add a medical center to our portfolio with
the purchase of Winter Haven Medical Village and are optimistic
about the performance of this property. The center has a favorable
location and is close to a growing area of greater Orlando. It is another strong acquisition in
Florida for our investors." said
Tom Hahn, President of Prudent
Growth Partners.
Prudent Growth Partners, LLC is a private equity real estate
investment company based in Chapel Hill,
NC. The firm focuses on properties that tend to be
overlooked by larger institutions and provide exceptional returns
on invested capital along with the possibility of longer-term
capital gains achieved by expert management and future price
appreciation.
Media Contact
Tom Hahn, Prudent Growth
Partners, LLC, 919-280-5641, tom@prudentgrowth.com,
https://www.prudentgrowth.com/
Jason Autry, Prudent Growth
Partners, LLC, 803-626-3331, jason@prudentgrowth.com,
https://www.prudentgrowth.com/
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SOURCE Prudent Growth Partners, LLC