Aurum Property Partners, LLC, headquartered in West Palm Beach, FL, announces the sale of Hialeah Medical Plaza, a 68,000-square foot medical office building attached to Hialeah Hospital, a 378-bed Tenet Health hospital. Hialeah Medical Plaza, 96% leased at the time of the sale, is located at 777 East 25th Street, Hialeah.
Aurum Property Partners (Aurum) exclusively marketed the property on behalf of the Seller, a medical investment fund. Aurum also sourced the Buyer, Virtus Real Estate, LLC (Virtus), a private equity firm located in Austin, TX. Virtus’ opportunistic strategy is focused on investing in cycle-resilient niche property types including medical office buildings, senior living, student housing, and self-storage properties.
Virtus has retained Aurum to provide property management, financial, and leasing services.
Aurum Property Partners acquires, operates, and sells medical office buildings throughout the Southeast U.S. Aurum is owned and managed by Mali Liberty, CEO; Vincent Hermanns, COO; and Peter Applefield, Founding Principal.
Aurum is guided by the gold standard, ensuring the highest level of service across every aspect of its platform. Aurum’s full-service structure includes asset management, property management, construction services, financial services, leasing, brokerage, and asset advisory services. Aurum works with institutions, private investors, and medical groups.
Vincent G. Hermanns
Principal, Chief Operating Officer
Alchemy Communications Group