Property Type | Medical Office |
Sale Date | 01/29/16 |
Sale Price | $22,319,000 |
Price PSF | $433 |
Building Size | 51,505 SF |
Year Built | 2007 |
Occupancy | 100% |
The transaction involved the sale-leaseback of Duke Medicine at Brier Creek located in Raleigh, North Carolina.
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Duke Medicine at Brier Creek, a 51,505 square-foot, Class A, medical office building in the Brier Creek neighborhood of Raleigh, North Carolina. Mindy Berman of the JLL Healthcare Capital Markets Group served as the seller’s exclusive advisor.
The sale involved a three-story clinical building that is leased for a term of fifteen years by the Private Diagnostic Clinic (“PDC”) serving Duke University Health System and Duke University School of Medicine. The lease contains triple net rents with desirable annual base rent escalation of 2.5 percent.
For more information on this sale, or if we can help with your healthcare real estate needs, please contact us.
Contact Information
Mindy Berman
Managing Director
+1 617 316 6539
mindy.berman@am.jll.com
Daniel Turley
Senior Vice President
+1 617 316 6521
daniel.turley@am.jll.com
Steve Leathers
Senior Vice President
+1 212 812 5867
steve.leathers@am.jll.com
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