Developer purchases five-acre tract for $1.3 million, records show

By: Kevin McQuaid Commercial Real Estate Editor Optimal Outcomes LLC, a St. Petersburg-based developer that specializes in medical office and related projects, has acquired a 5.11-acre tract in Fort Myers. The company bought the site, at 14537-14543 Global Parkway, for $1.3 million, property records show. The seller was an affiliate of Colson Associates Inc., of Chicago. Commercial real estate brokerage Lee & Associates’ principals Bob Johnston, Jerry Messonnier and Derek Bornhorst negotiated the transaction. Optimal Outcomes’ principals did not return telephone calls … Read More  >

Optimal Outcomes Named 2017 HREI Finalist

Optimal Outcomes is honored to be named as a finalist amongst the best of the best in healthcare real estate for the 2017 HREI Insight Awards, the only national awards totally dedicated to recognizing excellence in the areas of healthcare real estate development and executive leadership. Optimal Outcomes’ Tradition HealthPark TWO is one of only four projects nationwide named as a finalist for the category of Best New Medical Office Building and Other Outpatient Facilities (50,000 to 99,999 square feet). Tradition HealthPark TWO is …

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Optimal Timing

Coming from a career in banking, Patrick Marston wanted to establish himself in a niche with a strong credit driver when he transitioned into commercial real estate development 17 years ago. He found it in health care-related projects, which typically require outsized investments per square foot and considerable tenant improvement dollars for patient care, together with strong tenant credit. That’s because most medical buildings top out at $300 per square foot to develop, roughly one-third more than an urban Class …

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