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Terra, HCA Healthcare buy Pembroke Pines development sites

·2 min read
Terra, HCA Healthcare buy Pembroke Pines development sites

Miami-based Terra and Nashville-based hospital giant HCA Healthcare (NYSE: HCA) acquired development sites in the Pines City Center mixed-use project in Pembroke Pines. With this deal, the last piece of land under contract to private developers at Pines City Center has been sold, while the city retains land for its municipal uses. The city sold 9.15 acres at the southwest corner of Pines Boulevard and Palm Avenue for $13 million to Pines and Palm Ave 2022 LLC, an affiliate of Terra.