Eight fully-leased condominium units totaling 40,027 square feet within a Class A medical office building in Rancho Mirage, CA have traded hands. HFF marketed the institutional-quality core medical office units on behalf of five separate sellers. Milwaukee-based Hammes Partners purchased the assets in an off-market, sale-leaseback transaction.
Completed in 2008, the majority of the units in the one-story property are leased to Eisenhower Health. As part of the transaction, the sellers signed long-term triple-net leases.
The property is located at 72780 Country Club Dr., at the intersection of Country Club Drive and Monterey Avenue, in a high barrier-to-entry market with robust demographics. The property is less than two miles from the 463-bed Eisenhower Medical Center.
HFF’s Evan Kovac, Andrew Milne and Trent Jemmett represented the seller.
“The new owner has the opportunity to build a long-term relationship with Eisenhower Health and expand their footprint within Southern California,” Kovac said.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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