Fairfield Advisors announces sale of Oasis Orthopedic Hospital / Medical Office Building in Phoenix, AZ.
– $49,000,000 Transaction –
( Denver, CO and Phoenix, AZ.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Oasis Orthopedic Hospital/Medical Office Building located at 740 North 40th Street in Phoenix, AZ. The building totals 93,954 square feet and was built in 2008. Oasis is a 64-bed specialty hospital focused on Orthopedic and Spine surgeries and procedures. The tenant signed a new, long term, NNN-lease that commenced at the closing. The tenant is a Joint Venture between United Surgical Partners (USPI) and Dignity Health Care.
“The Oasis Hospital is Phoenix’s premier Orthopedic and Spine location for both in-patient and out-patient services.” said Greg Trainor, Managing Partner with Fairfield. “This is a trophy type asset that provides state-of-the-art care to its patients. Fairfield worked closely with the sellers to get a new lease in place with the tenant which is comprised of USPI and Dignity Health Care”.
The asset was acquired by an international fund that is focused on U.S. based HealthCare Real Estate.
Fairfield Advisors has closed on $458,000,000 of HealthCare Real Estate transactions.
ABOUT FAIRFIELD ADVISORS
– Fairfield Advisors is a national Advisory firm that provides a wide range of Capital Advisory solutions for the HealthCare Real Estate marketplace
Fairfield Advisors works directly with owners of HealthCare Real Estate for the sale of assets as well as sourcing capital for Debt, Equity, and Development.
Fairield Advisors works directly with Capital Sources to manage highly targeted campaigns to increase Deal Flow based on specific criteria such as geography, tenancy, and deal size
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