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Chicago & Midwest  + Midwest  + Healthcare  |  January 13, 2022
Ryan Companies medical office portfolio sale to Harrison Street January 2022
Paul Bubny
By: Paul Bubny

Ryan Companies Trades Six-State MOB Portfolio

Ryan Companies US, Inc. sold a portfolio of medical office assets to Harrison Street for an undisclosed sum. The portfolio comprises 11 buildings totaling 500,778 square feet across Florida, Illinois, Minnesota, North Carolina, North Dakota and Wisconsin.  

The mix of buildings includes single- and multi-tenant medical office, ambulatory surgery centers and a multi-use integrated service center. Ryan’s healthcare real estate management team will continue managing these buildings under the new ownership. 

“There has been exceptional investment interest and demand in healthcare, making it the ideal time for Ryan to move forward with the sale,” said Andrew Twito, VP of capital markets at Minneapolis-based Ryan. “It also enables us to redeploy capital to new projects for healthcare clients as we continue providing flexible and competitive financing options.” 

Harrison Street and Ryan have executed 17 transactions together across the senior living, medical office, and healthcare sectors. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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