Terramed Real Estate Solutions, a leading real estate group specializing in veterinary, ophthalmology and fertility properties, has completed the $9.27 million acquisition of Palm Beach Equine Clinic in Wellington, Florida, one of the world’s most prominent sport-horse veterinary hospitals.
The three-building complex measures a combined 15,719 square feet and sits on a 1.4-acre lot approximately 10 miles southwest of Palm Beach International Airport. It is located within riding distance of Wellington International, home to the Winter Equestrian Festival and the Global Dressage Festival, as well as the National Polo Center, which hosts the men’s and women’s U.S. Open Polo Championship.
The acquisition, Terramed’s fifth veterinary property that provides substantial equine care, reflects the company’s continued expansion into specialized healthcare real estate backed by proven operators with long-term market positions. Terramed continues to seek out industry-leading equine veterinary hospitals in geographies where equestrian riding is an integral part of the local culture. The combination of real estate, demographics, and market penetration that Wellington offers are great examples of characteristics that define long term viability…