Artemis Real Estate Partners has purchased a 10-property, Class A medical office portfolio totaling 270,831 square feet in six states across the US.
The portfolio, which was acquired from a seller that preferred to remain confidential, comprises assets positioned near major hospitals or health centers in Salem, Ore.; Phoenix; Indianapolis; Cincinnati, Ohio; Atlanta; and Lancaster, Pa.
JLL Capital Markets, which announced the sale and financing of the medical office portfolio, says that approximately 50% of the portfolio is leased to investment-grade health systems, including Mercy Health, Novant Health and Penn Medicine Lancaster General Health.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
