WALNUT CREEK, CA–A medical office building portfolio comprised of 20 radiation oncology centers located in Florida, California, Nevada, West Virginia and Kentucky has sold with a price of slightly more than $117 million. The total square footage of the healthcare property portfolio is 224,150 square feet or approximately $522 per square foot.

Marcus & Millichap associate vice presidents, Gino Lollio and Scott Niedergang, represented the seller, a group of physicians affiliated with the tenant, and the buyer, a private non-traded REIT with a focus on healthcare. The net-leased tenant is 21st Century Oncology, which executed a new master lease prior to close of the transaction.    

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.