St. Augustine

  • Saint Augustine, FL | Education - Build-to-Suit | Exited

In April 2023, ESJ acquired a 14-acre site to develop a brand-new 121,769 SF campus for the University of Saint Augustine for Health Sciences (USAHS). The project combined the renovation of a 60,000 SF existing building with 60,000 SF of new construction, delivered under a 25-year NNN lease signed simultaneously at closing.

Construction was completed in September 2025, coming in under the original budget at $74M vs. the initial $78M estimate. The campus was sold in February 2026 for $71.5M, generating strong risk-adjusted returns for investors.

Miami

19950 West Country Club Drive

Suite 800

Aventura, FL 33180 
USA

Luxembourg

2A Rue Ermesinde,

L-8416 Steinfort
GD of Luxembourg

Miami

19950 West Country Club Drive

Suite 800

Aventura, FL 33180 
USA

Luxembourg

2A Rue Ermesinde,

L-8416 Steinfort
GD of Luxembourg

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