JLL is pleased to announce the sale of Wilsonville Medical Plaza and Tigard Medical Plaza.
Wilsonville Medical Plaza and Tigard Medical Plaza each represent a two-tenant Class A MOB anchored by Providence Health (Moody’s: Aa3) and Sports Medicine Oregon (SMC). Providence Health, a leading health system on the West Coast, and SMO, a premier sports medicine and orthopedics practice serving the Portland Area, recently executed long-term leases and extending the WALT over 10 years.
Tigard and Wilsonville, Oregon are ideally located in the heart of the fastest growing suburb of Portland, each approximately 15 miles south of downtown Portland. The Portland MSA is one of the most desirable medical markets in the country due to rapidly expanding demographics and high-quality health systems.
Size: 45,051 SF
Sale Price: $25,250,000
Size PSF: $561
For more information, contact:
+1 206 576 0033
+1 206 576 0040
+1 858 812 2370
+1 858 812 2363
+1 503 265 5096
+1 484 532 4214
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of March 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
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