MEDICAL INVESTMENT COMPANY PURCHASES SUFFOLK HEALTH CENTER

SUFFOLK, VA. — Tri-City Development Co. recently sold the 123,050-sqaure-foot Bon Secours Health Center at Harbour View, located on Harbour View Boulevard in Suffolk, to Montecito Medical Investment Co. for $33 million. The buyer was represented by Scott Henley and Alex Evans of Coldwell Banker Commercial Benchmark’s Jacksonville, Fla., office. Tri-City Development was represented in-house.