Monticciolo Family & Sedation Dentistry in Lakewood Ranch, Fla., was recently sold to a California investor in a $10 million deal, Tampa Bay Business & Wealth reported Nov. 21.
The investor purchased the dental clinic in addition to a private preschool in Tampa, Fla., for a total of $10.08 million. The deal came after the investor sold other assets in California.
Levin Johnston, a commercial real estate agency in California, told TBBW that West Coast investors are moving capital into Florida to take advantage of the state’s tax policies and gain access to higher income and newer assets.
