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Heitman Acquires Multistate, 1.4M-SF MOB Portfolio
Chicago-based Heitman LLC acquired a 1.4-million-square-foot medical office portfolio comprised of 17 buildings in seven states on behalf of an affiliate of Heitman. The PHT Medical Office Portfolio consists of seven Class A MOBs in Texas and five in Indiana, with the remaining assets located in Illinois, Missouri, New Jersey, North Carolina and Virginia.
The portfolio is comprised of properties located in sought-after, high-population-growth markets. The majority of the properties were built after 2005, and are affiliated with highly-rated, market-leading, and academic health systems.
JLL represented the seller, Bentall Kennedy, on behalf of a state pension fund. Denver-based NexCore Group advised Heitman during the acquisition, and will provide operating and property management services for the portfolio under a long-term contract.
Houston
– Sugar Land Medical Plaza I (Sugar Land)
– Sugar Land Medical Plaza II (Sugar Land)
– Katy Medical Plaza I (Katy)
– Katy Medical Plaza II (Katy)
San Antonio
– Westover Hills Medical Plaza I (San Antonio)
– Westover Hills Medical Plaza II (San Antonio)
– Westover Hills Medical Plaza III (San Antonio)
Plainsboro, NJ (pictured above)
– Princeton Medical Arts Pavilion (Plainsboro)
Raleigh, NC
– Duke Medicine Plaza (Raleigh)
Richmond, VA
– Forest Medical Plaza (Richmond)
Columbia, MO
– Columbia Health Pavilion (Columbia)
Indianapolis
– Professional Center II (Indianapolis)
– Mooresville Professional Center (Mooresville)
– The Care Group MOB (Indianapolis)
– Women’s Center (Indianapolis)
– Michigan Road Medical Building (Zionsville)
Chicago
– Bolingbrook Medical Office Building (Bolingbrook)
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
