The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Renewal Medical Center in Lone Tree, Colorado.
Sale Date: February 26, 2015
Sale Price: $7,900,000
Price PSF: $216
Building Size: 36,541 SF
Year Built: 1987, Renovated in 2005
Occupancy: 65.8%
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Renewal Medical Center in Lone Tree, Colorado for $7,900,000 or $216 per square foot. Chris Bodnar and Lee Asher of the U.S. Healthcare Capital Markets Group teamed with Dann Burke in the Colorado market as the Seller’s exclusive advisor.
Renewal Medical Center is a two-story, 36,541-square foot medical office building located on ±2.56 acres in Lone Tree, Colorado within Douglas County. The Property was built in 1986 and was renovated in 2005. Currently 65.8% occupied, the building is anchored by a cosmetic surgery center. The Property features an attractive lobby with an open atrium, grand staircase and marble floors which caters to the high end tenancy.
For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us.
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