News Release: Just Closed – Wolf River Medical Arts Campus

CBRE Capital Markets | Healthcare and Life Sciences

JUST CLOSED

WOLF RIVER MEDICAL ARTS CAMPUS

Germantown, TN

Sale Date: 10/13/20

Portfolio Size: 78,690 SF

Occupancy: 100%

CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Wolf River Medical Arts Campus (the “Portfolio”), located in Germantown, Tennessee. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany and Zack Holderman partnered with Johnny Lamberson and Terry Radford in the Memphis market to act as the seller’s exclusive advisors.

The Portfolio consists of two Class A medical office buildings that are fully leased to a synergistic mix of tenants with specialties that include imaging, otolaryngology, internal medicine, ENT, allergy and pathology lab. The Portfolio is ideally situated within the market’s newest medical corridor in Germantown, which boasts the strongest and most affluent demographic profiles in the Memphis MSA. The Portfolio benefits from its proximity to multiple hospital campuses including Methodist Le Bonheur Germantown (2-miles), Baptist Memorial Hospital-Memphis (3-miles) and St. Francis Hospital (4-miles). Both Baptist and Methodist facilities rank highly as top performing hospital systems in the U.S.

The Portfolio was sold to Anchor Health Properties, a full-service healthcare real estate development, management, and investment firm, headquartered in Charlottesville, Virginia.

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

For more information, please contact:

LEE ASHER
Vice Chairman
Investment Properties
+1 404 504 5965

CHRIS BODNAR
Vice Chairman
Investment Properties
+1 303 628 1711

JORDAN SELBIGER
Director
Investment Properties
+1 404 923 1259

RYAN LINDSLEY
Senior Director
Investment Properties
+1 303 628 1745

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

ZACK HOLDERMAN
Senior Vice President
Debt & Structured Finance
+1 858 546 4670

JOHNNY LAMBERSON, JR.
Senior Vice President
CBRE Memphis Investment Properties
+1 901 260 1060

TERRY RADFORD
First Vice President
CBRE Memphis Investment Properties
+1 901 260 1022

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