Jackson Health Systems acquired 27 acres at 7800 NW 29th St. in Miami from AAAA Universe LLC for $38.5 million.
The buyer plans to construct a new hospital facility at the site, which is currently improved with a 180,000-square-foot industrial building. The parcel is located on the southwest corner of NW 29th Street and State Road 826. Construction dates for the proposed hospital were not disclosed.
No brokers were involved in the direct sale.