OFFERS REQUESTED BY WEDNESDAY, APRIL 22ND, 2015 – 5:00 PM EDT
LHT MEDICAL OFFICE PORTFOLIO
PORTFOLIO SIZE: 1,204,695 SF
OCCUPANCY: 66%
PRO FORMA NOI (YEAR 1): $12,408,258
IN-PLACE NOI: $10,147,198
The Offering
The CBRE Healthcare Capital Markets Group is pleased to exclusively offer the LHT Medical Office Portfolio (“The Portfolio”) for purchase. The Portfolio consists of fourteen (14) medical office buildings totaling an estimated 1.2 million rentable square feet across 5 major markets – Atlanta, Laguna Hills (Orange County), San Antonio, Minneapolis and Knoxville. Approximately 24% of the Portfolio is leased by investment grade or publicly-traded health systems. In addition, 11 of the properties are located on a hospital campus and all properties in the Portfolio are hospital-affiliated.
The Portfolio is 66% leased, providing an investor with an excellent opportunity to create value by leasing the vacant space. The offering provides the rare opportunity to acquire a critical mass of geographically diverse medical office assets that would otherwise require significant time and expense to accumulate.
Investment Highlights
-Prominent Hospital and Health System Credit Tenancy
-Attractive On-Campus Locations
-Instant Scale – 1.2M Square Feet
-High Renewal Probability
-Preferred Ground Lease Term
-Diverse, Synergistic Tenant Mix
-Increased Demand for Outpatient Facilities
-Appealing Aging Trends
-Delivered Free and Clear of Any Debt
EXCLUSIVE MARKETING ADVISORS
Lee Asher
CBRE Healthcare Capital Markets
Lic. 157970
+1 404 504 5965
lee.asher@cbre.com
Chris Bodnar
CBRE Healthcare Capital Markets
Lic. 01892501
+1 303 628 1711
chris.bodnar@cbre.com
DEBT & STRUCTURED FINANCE
Greg Greene
Debt & Structured Finance
+1 214 979 5617
greg.greene@cbre.com
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