Flagship Healthcare Real Estate Fund Completes First Investment in Florida

LEI - Front Photo
Fund acquires the Lange Eye Institute property in The Villages, FL

THE VILLAGES, December 16th, 2015 – Flagship Healthcare Real Estate Fund is pleased to announce its acquisition of the Lange Eye Institute in The Villages, Florida. The 2-story, 21,384 square-foot medical and professional office building is fully leased and marks the 13th investment for the Fund.

A bustling master planned age-restricted community, The Villages is the fastest growing city in the United States and has more than doubled in population since 2010. Attractive demographics and rapid population growth create a strong demand for healthcare and related services. The building contains a diverse mix of tenants including podiatry, ophthalmology, chiropractic, and dentistry practices. “We are thrilled for our first acquisition into Florida to be in The Villages for all the obvious reasons”, said Russell Brown, Vice President of Investments at Brackett Flagship Properties.  “The building’s strong group of practices and companies led by Dr. Michael Lange’s optometry practice gives us the solid foundation that we were seeking in this dynamic market”

Charlotte-based Brackett Flagship Properties will provide asset and property management services for the building and its tenants.

About Brackett Flagship Properties, LLC

Brackett Flagship Properties, LLC and its legacy companies, Diane Brackett Company and Flagship Capital Partners, have over 40 years of combined experience in healthcare real estate. Brackett Flagship Properties provides its health system and physician partners with a full range of real estate services including acquisitions, development, management and leasing. The company currently manages more than 65 properties totaling more than 2 million square feet in now 6 states across the southeastern US. For further information, visit www.flagshiphp.com.