Industry Pulse: Iret To Sell Entire Mob Portfolio For $417.5m

This medical office building in Edina, Minn., is part of the 28-asset MOB portfolio IRET says it has agreed to sell for $417.5 million.

Harrison Street said to be the buyer of a 29-asset portfolio with 1.3 million square feet

As part of its strategic transformation to focus solely on multifamily properties, Minot, N.D.-based IRET (NYSE: IRET), which also has a major office in Minneapolis, announced Nov. 30 that it has agreed to sell its 28-property, 1.3 million square foot medical office building (MOB) portfolio for $417.5 million.

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