News Release: Just Sold :: CHRISTUS San Antonio Medical Portfolio

The Portfolio consists of Santa Rosa Professional Pavilion and Rosa Verde Tower, located on the CHRISTUS Children’s Hospital of San Antonio campus, and Northwest Tower I and II located on the CHRISTUS Santa Rosa Hospital – Medical Center campus. (Photo courtesy of CBRE)

The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the CHRISTUS San Antonio Medical Portfolio in San Antonio, Texas.

Sale Date: July 31, 2017
Building Size: 423,411 SF
Occupancy: 61%

Just Closed: CHRISTUS SAN ANTONIO MEDICAL PORTFOLIO

The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the CHRISTUS San Antonio Medical Portfolio (the “Portfolio”) in San Antonio, Texas. Lee Asher and Chris Bodnar of the U.S. Healthcare Capital Markets Group partnered with Scott Herbold in the San Antonio market to act as the Seller’s exclusive advisors.

The Portfolio consists of Santa Rosa Professional Pavilion and Rosa Verde Tower, located on the CHRISTUS Children’s Hospital of San Antonio campus, and Northwest Tower I and II located on the CHRISTUS Santa Rosa Hospital – Medical Center campus. CHRISTUS Health (Moody’s ‘A1‘) currently leases 19.1% of the 423,411-square foot Portfolio. Other prominent tenants within the Portfolio include LabCorp (Moody’s ‘Baa2’) and a CVS Pharmacy (Moody’s ‘Baa1’), to bring the total investment grade tenant occupancy to 23.4% of the Portfolio.

For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us.

U.S. HEALTHCARE CAPITAL MARKETS GROUP
LEE ASHER
Executive Vice President
Investment Properties
+1 404 504 5965
lee.asher@cbre.com
CHRIS BODNAR
Executive Vice President
Investment Properties
+1 303 628 1711
chris.bodnar@cbre.com
GREG GREENE
Senior Vice President
Debt & Structured Finance
+1 214 979 5617
greg.greene@cbre.com
RYAN LINDSLEY
Senior Director
Investment Properties
+1 303 628 1745
ryan.lindsley@cbre.com
SABRINA SOLOMIANY
Director
Investment Properties
+1 405 536 5054
sabrina.solomiany@cbre.com

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In
   
error: Content is protected !!
error: Content is protected !!