Rendina Healthcare Real Estate
National Medical Office Portfolio
10 Medical Office Buildings
489,301 Rentable Square Feet
Harker Heights Medical Pavilion, 800 West Central Texas Expressway, Killeen, Texas (Photo courtesy of Rendina)
JLL is pleased to offer for sale the fee simple interest in the Rendina National Medical Office Portfolio with ten high-quality medical office buildings totaling 489,301 rentable square feet located throughout key growth markets in the United States including Texas, South Carolina, New Jersey, Arizona, Virginia and Illinois. The portfolio has a 87% occupancy with 34% of tenancy from strong, investment grade non-profit national and regional health systems.
INVESTMENT HIGHLIGHTS
- A single portfolio of 10 stabilized and value-add healthcare assets with 489,301 square feet supported by long-term leases and growing NOI
- Strategically situated throughout desirable geographic markets with well-established economies and strong employment
- 8 of the 10 healthcare assets are located on-campus
- Combination of on- and off-campus medical office space featuring clinical outpatient usages
- 87% portfolio occupancy with 34% of tenancy from health systems providing exceptional hospital alignment
- Available free and clear of debt on 8 of the 10 properties
Contact:
Daniel Turley
Executive Vice President
O +1 214 438 6374
M +1 212 729 9327
daniel.turley@am.jll.com
Mindy Berman
Managing Director
O +1 617 316 6539
M +1 617 899 0657
mindy.berman@am.jll.com
Steve Leathers
Executive Vice President
O +1 212 812 5867
M +1 949 922 4195
steve.leathers@am.jll.com
Brian Bacharach
Executive Vice President
O +1 214 438 6462
M +1 214 476 3511
brian.bacharach@am.jll.com
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