The Laramar Group has acquired a three-building, 83,078-square-foot medical office portfolio in the Boise, Idaho, market.

This multi-tenant portfolio is the second acquisition for the Laramar Medical Properties Fund II and the firm’s tenth overall medical office acquisition. The portfolio is 95% occupied and includes two properties totaling 57,043 square feet at 3080 and 3090 Gentry Way in Meridian, ID and one building of 26,035 square feet located at 1070 N. Curtis Rd. in Boise. All three assets benefit from direct proximity to hospital campuses anchored by healthcare providers.

“This three-building portfolio provides excellent long-term growth potential, given its strong tenant base, below market rents and location within a growing healthcare market,” said Ben Slad, Senior Vice President of Investments for Laramar. “The Boise market has experienced notable population growth in recent years and this portfolio is well positioned to achieve rent growth throughout the hold period, resulting in a higher value upon sale.”