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Cushman & Wakefield Arranges Sale of Rochester MOB
Cushman & Wakefield’s Healthcare Capital Markets group represented Detroit-based developer/investor, KIRCO, in its sale of the Henry Ford Health Rochester Hospital Medical Office Building (MOB) in Rochester, Michigan, to buyer UDLR Healthcare.
Cushman & Wakefield’s Gino Lollio, Travis Ives, Sushil Puria, Tyler Morss, and Garrett Keais led the transaction on behalf of the seller. Located at 1135 W. University Drive in Rochester, the Henry Ford Health Rochester Hospital Hospital MOB is a premier healthcare facility built in 1994 and expanded in 2014.
This Class-A, 113,687-square-foot building is strategically situated in the heart of Rochester’s thriving healthcare community, directly on the campus of Henry Ford Health Rochester Hospital, formerly known as Ascension Providence Rochester Hospital, with an internal connection to the hospital.
“This transaction highlights the strong investor demand for strategically located on-campus healthcare assets with established tenants in thriving medical markets,” said Gino Lollio of Cushman & Wakefield’s Healthcare Capital Markets team. “