#USA #healthcare #Delray Beach #Alliance CGC

Alliance Consolidated Group Makes a Strategic Move in Delray Beach

In a significant development within the healthcare real estate sector, Alliance Consolidated Group of Companies (Alliance CGC) has announced its acquisition of a prominent medical office property located at 6646 West Atlantic Avenue in the burgeoning community of Delray Beach, Florida. This $9.67 million transaction underscores the firm’s ongoing investment strategy in high-growth markets and enhances its presence within the healthcare real estate landscape.

The newly acquired property spans 16,761 square feet and is fully leased to two reputable long-term tenants: Medical Specialists of the Palm Beaches and Minimally Invasive SurgiCenter. Both establishments deliver essential outpatient services that cater to the rapidly developing community of Delray Beach, known as one of South Florida’s most attractive and affluent areas.

CEO and founder of Alliance CGC, Ben Reinberg, highlighted the strategic importance of Delray Beach, stating, "Delray Beach represents exactly the kind of market we target — affluent, growing, and underserved in terms of accessible healthcare infrastructure." This acquisition not only represents a tactical addition to Alliance’s portfolio but also illustrates the company’s commitment to delivering healthcare solutions in areas of increasing demand.

Delray Beach has witnessed a remarkable population growth of nearly 13% over the past decade, attracting retirees, remote workers, and young professionals in search of a higher quality of life. This influx has led to a surge in demand for outpatient care, with medical office buildings becoming increasingly vital to local infrastructure and public health. The location of the new property on West Atlantic Avenue provides excellent accessibility and visibility within a densely populated, high-income residential area, factors that help mitigate tenant turnover and reduce vacancy risks.

Reinberg further elaborated on the company's investment philosophy, saying, "This deal is a textbook execution of our investment thesis. We pursue medical office buildings in top 100 MSAs [Metropolitan Statistical Areas] where demographic trends and healthcare needs intersect — and we bring exclusive access and operational excellence to each one." This strategic approach ensures that Alliance CGC is well-positioned to address the healthcare demands of growing communities effectively.

Moreover, this acquisition aligns seamlessly with Alliance's broader strategy of cultivating a diversified portfolio that includes healthcare, veterinary, industrial, retail, and multifamily sectors. With a strong track record of billions in transactions and a 28% historical internal rate of return (IRR), Alliance CGC continues to cement its reputation for reliable, high-return real estate investments.

As Alliance CGC forges ahead, it remains dedicated to providing investors with a transparent, data-driven approach to building long-term wealth through strategic investments in underserved markets like Delray Beach. By adding vital healthcare infrastructure to its portfolio, the company not only reinforces its commitment to healthcare real estate but also showcases its vision of fostering community wellness and growth across the United States.

For those interested in exploring current investment opportunities with Alliance CGC, detailed information can be found on their official website, www.alliancecgc.com.

In conclusion, the acquisition of this medical office property in Delray Beach represents a significant milestone for Alliance Consolidated Group, firmly positioning the company within the essential healthcare sphere and highlighting its dedication to addressing the evolving needs of communities in South Florida.