The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 160,190 square foot Medical Pavilion at Howard County in Columbia, Maryland. The Class A facility is 100 percent occupied and carries significant anchor occupancy by Johns Hopkins Health, a world-renowned and highly rated academic health system. The facility sits on a 10 acre fee simple site and is the newest building on Johns Hopkins Medicine’s Howard County General Hospital campus, the only hospital in the fourth wealthiest county in the nation. The five-story LEED Silver medical facility has a cancer care center and multiple surgery centers as well as surplus land suitable for development.
Mindy Berman and Brannan Knott of the JLL Healthcare Capital Markets Group served as the seller’s exclusive advisors. Welltower (NYSE:WELL), a leading global provider of health care infrastructure, acquired the Medical Pavilion at Howard County.
JLL Healthcare Capital Markets
JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute care. The team consistently transacts over $1 billion annually with unrivaled expertise and experience in investment sales, monetization, development debt and equity capital raise and advisory services for investor and provider clients. JLL has an extensive national and international presence that delivers local market knowledge and exceptional access to capital.
For more information on this sale, or if we can help with your healthcare real estate needs, please contact us:
| Mindy Berman T +1 617 316 6539 M +1 617 899 0657 mindy.berman@am.jll.com
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Brannan Knott T + 617 316 6508 M + 443 983 6039 brannan.knott@am.jll.com
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Steve Leathers T +1 212 812 5867 M +1 949 922 4195 steve.leathers@am.jll.com
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| Daniel Turley T +1 214 438 6374 M +1 212 729 9327 daniel.turley@am.jll.com
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Brian Bacharach T +1 214 438 6462 M +1 214 476 3511 brian.bacharach@am.jll.com
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Justin Hill M +1 419 973 1854 justin.hill@am.jll.com
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