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
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.