The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Lincoln Medical Center in Parker, Colorado.
Sale Date: July 29, 2013
Sale Price: $42,000,000
Price PSF: $364
Building Size: 115,362 SF
Year Built: 2008
Occupancy: 91.6%
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Lincoln Medical Center in Parker, Colorado. Chris Bodnar and Lee Asher of the U.S. Healthcare Capital Markets Group teamed with Dann Burke in the Denver market as the Seller’s exclusive advisor.
The Property totals 115,362 square feet and is the first of two buildings on an 11-acre campus, featuring a surgery center, imaging suite, orthopedics, physical therapy, ophthalmology, and a number of complementary physician practices. The Lincoln Medical Center was designed with the mindset that high quality, physically relaxing environments positively influence health care outcomes and appeal to decision makers when selecting their health provider.
The Lincoln Medical Center is 37% leased to tenants associated with HCA-HealthONE, the largest healthcare provider in Denver and the United States. The property is one mile from the HCA-HealthONE Sky Ridge Medical Center. In addition, the Property is four miles from Parker Adventist Hospital where several of the tenant physicians have admitting rights.
For more information on this transaction, please contact:
National Healthcare Capital Markets Group
Chris Bodnar
Investment Properties
+1 303 628 1711
chris.bodnar@cbre.com
Lee Asher
Investment Properties
+1 404 504 5965
Denver Healthcare Leasing Services
Dann Burke
Brokerage Services
+1 720 528 6362
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