Two Total Medical Office Buildings Sell in Idaho, Utah
Two medical office buildings – in two states – have sold for a combined $14.4 million. Livingston Street Capital, a private-equity firm focused on CRE, is the seller.
The assets include a 15,000-square-foot building in Hayden, Idaho, and a 16,500-square-foot building in Layton, Utah. Both structures are both 100 percent leased to BioLife Plasma Services L.P., which is “an industry leader in the collection of high-quality plasma that is processed into life-saving plasma-based therapies,” according to a news release.
The two properties acquired include:
8300 N. Cornerstone Dr. in Hayden, Idaho: This property is located in the eastern portion of Hayden, Idaho and is conveniently situated just off U.S. Route 95.
781 Heritage Park Boulevard in Layton, Utah: The property is located in Layton, the most populous city in Davis County and the ninth most populous city in the state.
In addition to healthcare assets, Livingston continues to actively acquire core and core-plus investments around the country across a range of sectors, including active adult, independent living, and traditional multifamily communities.