Medical Property Portfolio Trades for $86M
The four assets are 99% leased and located in Phoenix, Southern Florida and Chicago.
Remedy Medical Properties and its partner Kayne Anderson Real Estate have acquired a portfolio of medical office properties from Flagler Healthcare Investments for $86 million. The transaction was arranged by the JLL Medical Properties Group Advisory team, led by Senior Managing Director Mindy Berman, Director Matt DiCesare and Associate Liam Sorensen.
The four properties total over 181,000 square feet and are located in Phoenix, Southern Florida and Chicago.
The assets house a diverse range of healthcare specialties, including orthopedic surgery, cardiology, pediatrics and imaging. They are 99% leased and consist of Oasis Surgical Hospital, Baptist Health City I & II and Elgin Professional Plaza.