CHARLOTTE, NC—MBRE Healthcare and Kayne Anderson have purchased a portfolio of 10 medical office buildings near Charlotte and Winston-Salem, N.C., from Heitman and its equity partner Montecito Medical Real estate. Ben Appel, managing director of JLL Capital Markets, part of the team that represented the seller, tells GlobeSt.com that the 218,213-square foot portfolio traded for $103.5 million.
The portfolio is 100% leased to OrthoCarolina, the 3rd largest orthopedic provider in the nation by physician count, with a weighted remaining lease term of 13 years. Three of the buildings feature ambulatory surgery centers with two operating rooms each. 60% of the properties are in the Charlotte MSA, the 23rd largest MSA in the country, with two properties located in Winston-Salem and one each in Laurinburg and Shelby. All portfolio properties are within 2.2 miles of the nearest hospital.
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