CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of The MMRE Portfolio.
|Sale Date||October 12, 2018|
|Property Size||837,603 SF|
CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of The MMRE Portfolio (the “Portfolio”). Lee Asher and Chris Bodnar of the U.S. Healthcare Capital Markets Group acted as the Seller’s exclusive advisors.
The Portfolio consists of eighteen (18) medical office buildings located in nine (9) states across the country, including California, Arizona, Utah, New Mexico, Mississippi, Tennessee, Ohio, Indiana and Iowa. The Portfolio is 97% leased, 89% of which is leased to investment grade-credit, health systems and prominent regional physician groups, offering a variety of medical services. The Properties boast long term leases, with an average remaining lease term of 10 years.
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