High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Phoenix & Southwest  + Phoenix  + Healthcare  | 
Copper Point

Investor Duo Offload 92K-SF Gilbert MOB

RX Health & Science Trust and Transwestern sold Copper Point, a 92,109-square-foot, fully leased medical office building located at 3530 S. Val Vista Drive in Gilbert, Arizona.

Travis Ives, Gino Lollio, and Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets Team represented the sellers. The asset was acquired by Fidelity Investments.


Copper Point is a three-story, Class A medical outpatient building anchored by City of Hope, a premier oncology provider that has made a significant capital investment in the property, including the installation of a linear accelerator to deliver advanced radiation therapy services.

Located directly across from the 292-bed Dignity Health Mercy Gilbert Medical Center, Copper Point offers tenants and patients immediate access to a major regional healthcare hub.

This transaction marks the second medical office sale in the Phoenix market this month by Cushman & Wakefield’s Healthcare Capital Markets Team, following the recent closing of Stapley Medical Center in Mesa, a transaction in which RXHST served as the buyer.

Connect

Inside The Story

Fidelity

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition