Cushman & Wakefield announced that it represented ShareMD in the sale of two medical outpatient buildings (MOBs) in Florida (Ft. Lauderdale and Boynton Beach) to Echo Real Estate Capital, Inc.
The Ft. Lauderdale MOB comprises 28,277 square feet. The four-story building is predominantly leased to medical-office users. It sold for $4.55 million, or approximately $160.91 per square foot.
The Boynton Beach MOB comprises 31,747 square feet. The property is directly adjacent to Bethesda Hospital East. It sold for $6.9 million, or about $217.34 per square foot.
Echo Real Estate Capital is a full-service real estate investment and development firm with a national platform. It specializes in build-to-suit development, value-add investments, sale/leasebacks and capital markets advisory services for healthcare providers, national retailers, industrial manufacturing and distribution companies and general office users. Since its formation in 2016, the firm has more than $500 million of acquisition and development activity in eight states nationally. It is based in Chicago, Illinois.
These acquisitions mark Echo Real Estate Capital’s first of the year.
According to data captured in the LevinPro HC database, this transaction represents the 23rd MOB transaction of the year. There were 231 MOB deals reported throughout 2025. This also represents the first MOB to be acquired in Florida in 2026.
