{"id":1004800099,"date":"2026-05-26T11:37:00","date_gmt":"2026-05-26T19:37:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004800099"},"modified":"2026-05-26T12:18:38","modified_gmt":"2026-05-26T20:18:38","slug":"bgo-picks-up-42-ksf-mob-in-tampa","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/","title":{"rendered":"BGO Picks Up Tampa-Area Medical Facility"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a160ebda2c7e&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004800105\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/6606-simmons-loop\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"6606-Simmons-Loop\" data-image-description=\"&lt;p&gt;image sourced from press release: https:\/\/bgo.com\/press-release\/bgo-expands-healthcare-portfolio-with-acquisition-of-tampa-medical-office-property&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Harrod Healthcare Real Estate brought the asset online last year. Image courtesy of BGO&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png\" alt=\"Aerial shot of 6606 Simmons Loop in Riverview, Fla.\" class=\"wp-image-1004800105\" style=\"width:373px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Harrod Healthcare Real Estate brought the asset online last year. <em>Image courtesy of BGO<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>BGO has acquired a 41,810-square-foot medical office property in Riverview, Fla., a submarket of Tampa. CBRE represented the seller, Harrod Healthcare Real Estate, in the off-market transaction.<\/p>\n\n\n\n<p>The two-story property came online in 2025 and is fully leased to Women\u2019s Care Enterprises and AdventHealth. The property sold for approximately $28.5 million, <em><a href=\"https:\/\/tbbwmag.com\/2026\/05\/07\/riverview-medical-office-sale\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Tampa Bay Business &amp; Wealth<\/a><\/em> reported. Harrod purchased the land parcel in 2023 for $3.8 million, according to PropertyShark.<\/p>\n\n\n\n<p>The tenants have a weighted average lease term of 9.3 years remaining. According to Kevin Yen, principal at BGO, the company is prioritizing healthcare real estate to mitigate portfolio risk and secure durable income returns. He added that the strategy is supported by demographic trends, including population growth and an aging population in Florida markets such as Tampa and Orlando.<\/p>\n\n\n\n<p>\u201cIn an uncertain economic climate, the demand for healthcare space remains exceptionally resilient and reliable,\u201d Yen told <em>Commercial Property Executive<\/em>. \u201cThe recently acquired assets provide core returns with long-term, credit tenants.\u201d<\/p>\n\n\n\n<p>The Simmons property is focused on women\u2019s healthcare, labor and delivery, as well as primary care.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-u-s-medical-office-markets-by-inventory\/\">Top 5 US MOB Markets by Inventory<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Located at 6606 Simmons Loop Road along U.S. Route 301, the property is near St. Joseph\u2019s Hospital-South, a 223-bed facility. AdventHealth Riverview, located roughly 6 miles north, is expanding from 80 beds to 150 beds.<\/p>\n\n\n\n<p>This acquisition comes as BGO continues to expand its portfolio in the medical office sector. In December 2025, the company partnered with Anchor Health Properties for the acquisition of <a href=\"https:\/\/www.commercialsearch.com\/news\/bgo-jv-acquires-austin-medical-facility\/\">Southwest Medical Village<\/a>, a 71,394-square-foot medical office building in Austin, Texas.<\/p>\n\n\n\n<p>CBRE\u2019s U.S. Healthcare Capital Markets team that arranged the transaction included Vice Chairman Chris Bodnar, Executive Vice President Brannan Knott, Senior Vice Presidents Zack Holderman and Anthony Sardo, First Vice President Cole Reethof and Vice President Jesse Greshin.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-medical-office-demand-in-the-sun-belt\">Medical office demand in the Sun Belt<\/h2>\n\n\n\n<p>Medical office properties continue to attract institutional capital despite broader office-sector challenges, driven by demographic growth, outpatient-care expansion and constrained new supply, in line with broader <a href=\"https:\/\/www.commercialsearch.com\/news\/medical-office-real-estate-trends-to-watch\/\">sector trends<\/a>. <\/p>\n\n\n\n<p>Similar to Tampa, many Sun Belt markets continue to see limited new medical office development alongside strong investor demand for assets tied to expanding healthcare systems and population growth.<\/p>\n\n\n\n<p>Earlier this month, Woodside Health <a href=\"https:\/\/www.commercialsearch.com\/news\/woodside-health-buys-research-triangle-mob\/\">acquired a 40,000-square-foot property<\/a> from SITE Centers in Chapel Hill, N.C. The company purchased Building 400 at Meadowmont Crossing, which is anchored by UNC Health.<\/p>\n\n\n\n<p>On the development side, CP Group announced in March that it will <a href=\"https:\/\/www.commercialsearch.com\/news\/cp-group-plans-medical-office-complex-at-atlanta-mixed-use-campus\/\">redevelop four buildings<\/a> at Piedmont Center in Atlanta into Buckhead Medical Center. The project will add 85,000 square feet of medical office space to the mixed-use district.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fully-leased building has a focus on women&#8217;s health.<\/p>\n","protected":false},"author":3749,"featured_media":1004800105,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21754,21742,32781,1612],"tags":[52263,32789],"class_list":["post-1004800099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-medical-office","category-latest","category-southeast","category-tampa","tag-bgo","tag-cbre"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BGO Picks Up Tampa-Area Medical Facility - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"BGO has purchased a 41,810-square-foot medical office property from Harrod Healthcare Real Estate in Riverview, Fla.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BGO Picks Up Tampa-Area Medical Facility\" \/>\n<meta property=\"og:description\" content=\"BGO has purchased a 41,810-square-foot medical office property from Harrod Healthcare Real Estate in Riverview, Fla.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-26T19:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-26T20:18:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mikayla Sciortino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/\",\"name\":\"BGO Picks Up Tampa-Area Medical Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png\",\"datePublished\":\"2026-05-26T19:37:00+00:00\",\"dateModified\":\"2026-05-26T20:18:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f119cdcafd70d8f34fc5aa340ed5382b\"},\"description\":\"BGO has purchased a 41,810-square-foot medical office property from Harrod Healthcare Real Estate in Riverview, Fla.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bgo-picks-up-42-ksf-mob-in-tampa\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/05\/6606-Simmons-Loop.png\",\"width\":800,\"height\":620,\"caption\":\"Harrod Healthcare Real Estate brought the asset online last year. 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