State Seeks Buyer For Palm Beach County Site

, Daily Business Review

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Nearly 18 months after Florida's last tuberculosis hospital closed, the state is looking for a buyer for the 79.91-acre site in Palm Beach County.

The Department of Environmental Protection's Division of State Lands sent out a notice Monday saying the minimum bid for the A.G. Holley site is $9 million, with offers due by Jan. 29. Cushman & Wakefield of Florida, a commercial real-estate broker that is working with the state, said in the notice that the mixed-use industrial property is the largest "remaining contiguous land tract remaining east of I-95 in Palm Beach County" and also touted its access to the interstate and a high-density "population center with a strong labor pool."

State lawmakers in 2012 approved closing the hospital, which served tuberculosis patients for six decades. The last patients were moved out in July 2012. Monday's notice said the front 22.66 acres of the site are subleased to the town of Lantana for recreational facilities but that the town will consider relocating those facilities.

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