For Sale: Offers Requested Trophy Medical Office Real Estate with Value-Add Opportunity

OFFERS REQUESTED BY TUESDAY, DECEMBER 6TH, 2016 – 5:00 PM PST

CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the Clarion Medical Office Portfolio (the “Portfolio”) for purchase. The Portfolio consists of two trophy medical buildings in San Diego, California and a medical building located in Tucson, Arizona. The three medical office buildings (MOBs) total approximately ±287,944 square feet and are currently 76% leased. All three properties in the Portfolio feature stable existing tenancy by prominent providers in each market, providing investors with a dependable cash flow alongside an excellent opportunity to create value through the lease-up of the vacant space.

Investment Highlights

  • Value-Add Portfolio Opportunity
  • Scripps Health Tenancy
  • Diverse, Synergistic Tenant Mix
  • Appealing Demographic and Aging Trends
  • Increased Demand For Outpatient Facilities
  • Positive Physician Employment Trends
  • Offered Free and Clear of Any Debt

Portfolio Summary

Price Best Offer
Portfolio Size ±287,944 RSF
Percent Leased 76%
In-Place NOI $4,884,468

Contact Information

CBRE U.S. Healthcare Capital Markets Group

Chris Bodnar
Executive Vice President
+1 303 628 1711
chris.bodnar@cbre.com
CA License 01892501

Lee Asher
Executive Vice President
+1 404 504 5965
lee.asher@cbre.com

Sabrina Solomiany
Director
+1 404 812 5109
sabrina.solomiany@cbre.com

CBRE California & Arizona Brokers of Record

Dan Yeilding
San Diego Medical Office Leasing
+1 760 438 8569
dan.yeilding@cbre.com
CA License 01384625

Buzz Isaacson
Tucson Medical Office Leasing
+1 520 323 5151
buzz.isaacson@cbre.com
AZ License BR012749000

CBRE Debt & Structured Finance

Greg Greene
Senior Vice President
+1 214 979 5617
greg.greene@cbre.com

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