Verax Investments in partnership with Lamm & Company Partners reports construction is on schedule for their latest collaboration, with first tenants set to make their mark in 2024. Verax Oviedo emerges as a beacon of modernity and accessibility in Oviedo, encompassing 26,500 square feet of elite medical and retail space. With its central location off SR 429, Verax Oviedo offers seamless connectivity to the Orlando Metro Area via the Florida Turnpike or SR 408. This Class A Retail Medical Development is situated on a substantial 3.6-acre plot at 1675 West Broadway Street, this distinguished development includes two buildings. The larger of the two spaces is 20,000 square feet, with lease offerings starting at 1,500 square feet. The second 6,500 building will be anchored by Orlando Health Imaging.
The remaining lease opportunities are led by Alexie Fonseca, Senior Vice President at Colliers International, who comments,
"Orlando Health Imaging, as the prominent anchor tenant at Verax Oviedo, acts as a compelling magnet for other healthcare related businesses (as well as supporting retail) to gather around. While all the medical space is fully sold or leased, we have some prime retail space available which are flexible, catering to various needs”.
Verax Investments is led by an all-physician group of Central Florida real estate developers passionate about building and reinvigorating properties that support and serve the health and livelihood of Orlando area communities.
“At Verax, we're more than developers; we're physicians first,” said Dr. Ravi H Gandhi, partner at Verax Investments “Our deep-rooted knowledge of healthcare needs and patient priorities stands at the forefront of every decision we make. It is our mission to bring quality healthcare closer to every household, making local communities thriving centers of wellness.”
Verax Investments and Lamm & Company Partners have a long-standing history of successful partnership on projects that enhance communities in Central Florida. Projects include Currently under construction are Bent's Landing, located in the affluent Lake Mary submarket of Central Florida within the master-planned, 165-acre, $800,000,000 mixed-use Lake Mary Wellness and Technology Park and the Fairbanks Medical Arts Building, an upcoming state-of-the-art healthcare facility situated on a spacious 1.3-acre site in Winter Park, Florida. Completed last year Verax Winter Garden’s Orlando Neurosurgery Spine and Brain Center) a 24,000 square-foot professional medical center located at 12323 West Colonial Drive and Verax Fairbanks is a two-story, 21,000-square-foot outpatient clinic located near the intersection of W. Fairbanks and Orlando Avenue and sold to Orlando Health.
About Verax Investments
Based in Orlando, Florida, VERAX Investments is a distinguished real estate investment and development firm. Their unique approach stems from being physicians at the core, which instills in them a thorough understanding of healthcare needs. With this, they have consistently championed the cause of turning localities into hubs of health and well-being. www.veraxinvestments.com
About Lamm & Company Partners
Lamm & Company Partners, established in 1991 and headquartered in Orlando, Florida, is a highly regarded privately held construction firm that specializes in offering a suite of comprehensive General Contracting, Construction Management and Development services. Their expertise revolves around income-producing and investment-grade real estate projects throughout Florida, with an earned-expertise in the medical, retail, office, mixed-use and industrial sectors. www.lammco.com
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