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News Release: Just Closed – El Paso MOB Portfolio

CBRE Capital Markets | Healthcare

JUST CLOSED: El Paso MOB Portfolio

El Paso, Texas

Sale Date: 11/12/2019

Portfolio Size: +80,685 SF

Occupancy: 94%

CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the El Paso Medical Office Building Portfolio (the “Portfolio”). Chris Bodnar, Lee Asher, Sabrina Solomiany, Ryan Lindsley and Jordan Selbiger partnered with Scott Herbold of CBRE Texas Capital Markets to act as the seller’s exclusive advisors.

The Portfolio consists of two class A medical office buildings totaling ±80,685 rentable square feet located in El Paso, Texas that are 94% leased to 8 tenants, including HCA Healthcare (NYSE: HCA), Tenet Healthcare (NYSE: THC), the William Beaumont Army Medical Center (GSA) and a mix of private physician groups.

The Del Sol and Mesa Medical Office Buildings are 100% and 88% leased, respectively, to a synergistic group of tenants offering medical services that include oncology, bariatric surgery, primary care and additional specialists. Both buildings are strategically located in high traffic retail corridors and within close proximity to acute care hospitals of El Paso.

For more information, or if we can help with your healthcare real estate holdings, please contact us.

CHRIS BODNAR
Vice Chairman
Investment Properties
+1 303 628 1711

LEE ASHER
Vice Chairman
Investment Properties
+1 404 504 5965

RYAN LINDSLEY
Senior Director
Investment Properties
+1 303 628 1745

JORDAN SELBIGER
Director
Investment Properties
+1 404 923 1259

SABRINA SOLOMIANY
First Vice President
Debt & Structured Finance
+1 404 536 5054

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