{"id":393997,"date":"2026-09-08T20:14:08","date_gmt":"2026-09-08T20:14:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/393997\/"},"modified":"2026-09-08T20:14:08","modified_gmt":"2026-09-08T20:14:08","slug":"baptist-health-pays-54m-for-kohls-store-in-suburban-fort-lauderdale-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/393997\/","title":{"rendered":"Baptist Health Pays $54M for Kohl\u2019s Store in Suburban Fort Lauderdale \u2013 Commercial Observer"},"content":{"rendered":"<p>Department store retailer Kohl\u2019s has sold a building in Coconut Creek, Fla., for $53.5 million, according to a property deed.<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/baptist-health-south-florida\/\" title=\"Baptist Health South Florida\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Baptist Health South Florida<\/a> acquired the property at 6950 North State Road 7. The building spans 92,726 square feet and last sold in 2008 for $14.75 million, according to Broward County property records.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/09\/two-town-center-boca-raton-thor-equities-cp-group\/\" rel=\"nofollow noopener\" target=\"_blank\">Thor Equities Drops $62M on Boca Raton Office<\/a><\/p>\n<p>Kohl\u2019s told Commercial Observer it will lease back the property through mid-November and then close the retail location there.<\/p>\n<p>\u201cThe final day of operations will be Nov. 14,\u201d Kohl\u2019s said in an emailed statement. \u201cAssociates will have the opportunity to transfer to nearby <a href=\"https:\/\/commercialobserver.com\/company\/kohls\/\" title=\"Kohl&#039;s\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Kohl&#8217;s<\/a> locations or will receive transition support.\u201d<\/p>\n<p>Baptist Health is a nonprofit based in Coral Gables, Fla., that has been expanding north. Its hospital in the Fort Lauderdale suburb of Sunrise, Fla., is set to open in 2029.<\/p>\n<p>Baptist Health has not responded to a request for comment or more information on plans for the 8.2-acre site.<\/p>\n<p>Jeff Ostrowski can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/09\/baptist-health-kohls-florida-retail\/mailto:jostrowski@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">jostrowski@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Department store retailer Kohl\u2019s has sold a building in Coconut Creek, Fla., for $53.5 million, according to a&hellip;\n","protected":false},"author":2,"featured_media":393998,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[157224,8001,249,251,250,20157,157225],"class_list":["post-393997","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-6950-north-state-road-7","tag-channel","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news","tag-investments-sales","tag-sale-leaseback"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/393997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=393997"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/393997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/393998"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=393997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=393997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=393997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}