Flagship Healthcare Trust, a healthcare real estate investment trust, has acquired the Citrus Tower medical office building in Clermont, Florida.
The property is home to the newest location for IMA Medical Group, a medical and wellness services provider.
“This property is well-positioned in the Orlando MSA, close to two major hospitals and with excellent access to commercial and transportation corridors. The newly constructed Citrus Tower MOB will be an attractive option for medical practices in this dynamic and rapidly growing market,” said Gerald Quattlebaum, Flagship’s executive vice president of acquisitions. “We look forward to complementing the existing tenant mix all the while providing first-class real estate services that support their missions and business aspirations.”