The Offering
The CBRE Healthcare Capital Markets Group is pleased to exclusively offer the MMIC Medical Office Portfolio II (“The Portfolio”) for purchase. The Portfolio consists of seven (7) medical office complexes totaling 292,974 square feet in California, Arizona, Kansas, Ohio, and Virginia. Approximately 60.3% of the portfolio is anchored by hospital tenancy, including prominent systems such as the Cleveland Clinic, Bon Secours Health System, John C. Lincoln Health Network and Palomar Health. The portfolio’s appeal is evident in the stability of its tenancy, quality of construction and strategic locations.
Investment Highlights
- 51.4% Investment Grade Credit Tenancy
- Geographic Diversity
- High Quality Assets
- Cleveland Clinic Expansion Opportunity
- Average Age of Portfolio = 13.6 Years
- Positive Physician Employment Trends
- Appealing Senior Demographic Trends
- Delivered Free and Clear of Existing Debt
More Information
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