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Three-Property Medical Office Portfolio in Charlotte Area Trades for $31M
JLL Capital Markets has closed the $31.4 million sale of a three-property, core medical office portfolio totaling 72,499 square feet in the Charlotte, NC, area:
- Mission Hospital McDowell Medical Office Building in Marion.
- Steele Creek Medical Office Building in Charlotte.
- Tryon Medical Partners – Matthews in Matthews.
The two single-tenant facilities and one multi-tenant facility are 97% leased to leading regional and national healthcare providers. The portfolio is located throughout high-growth submarkets of Charlotte that have seen upwards of 20% population growth since 2010, which is driving demand for healthcare services through the region.
JLL marketed the portfolio on behalf of the seller, The Keith Corporation, a Charlotte-based CRE firm that focuses on healthcare developments with more than 35 healthcare-related projects in the pipeline. The purchaser is Chicago-based Remedy Medical Properties, which according to JLL is the largest private owner of medical properties in the United States.
Photo: Mission Hospital McDowell Medical Office Building
- ◦Sale/Acquisition