JUST CLOSED
SONIC HEALTHCARE
AIEA, HI
Sale Date: 6/29/20
Building Size: 81 ,569 SF
Occupancy: 100%
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Sonic Healthcare’s facility at 99-193 Aiea Heights (the “Property”), located in Aiea, Hawaii. Lee Asher and Chris Bodnar partnered with Matthew Bittick from CBRE’s Hawaii Capital Markets Team, Will Pike from CBRE’s Net Lease Property Group, and Bruce Francis from CBRE’s Debt & Structured Finance to act as the seller’s exclusive advisors.
The sale was a fee simple single tenant NNN sale and long-term lease back from Sonic Healthcare Limited’s (ASX: “SHL”) Hawaii subsidiary, Clinical Laboratories of Hawaii (“CLH”). The property is an approximate 81,569 square foot, 4-story building that was completely refurbished in 2017 and situated on +/- 2.755 acres which CLH calls their main hub and named “The Heights”. It is the home to their core testing laboratory critical to their operations throughout the State of Hawaii. The lease is guaranteed by SLH, the world’s third largest pathology/laboratory medicine company with operations in eight countries and currently one of Australias top 50 Companies.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
LEE ASHER
Vice Chairman
+1 404 504 5965
lee.asher@cbre.com
CHRIS BODNAR
Vice Chairman
+1 303 628 1711
chris.bodnar@cbre.com
RYAN LINDSLEY
Senior Director
+1 303 628 1745
ryan.lindsley@cbre.com
JORDAN SELBIGER
Director
+1 404 923 1259
jordan.selbiger@cbre.com
SABRINA SOLOMIANY
First Vice President
+1 404 536 5054
sabrina.solomiany@cbre.com
WILL PIKE
Vice Chairman and Managing Director
Net Lease Properties
+1 404 923 1381
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