The Portfolio consists of Santa Rosa Professional Pavilion and Rosa Verde Tower, located on the CHRISTUS Children’s Hospital of San Antonio campus, and Northwest Tower I and II located on the CHRISTUS Santa Rosa Hospital – Medical Center campus. (Photo courtesy of CBRE)
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the CHRISTUS San Antonio Medical Portfolio in San Antonio, Texas.
| Sale Date: | July 31, 2017 |
| Building Size: | 423,411 SF |
| Occupancy: | 61% |
Just Closed: CHRISTUS SAN ANTONIO MEDICAL PORTFOLIO
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the CHRISTUS San Antonio Medical Portfolio (the “Portfolio”) in San Antonio, Texas. Lee Asher and Chris Bodnar of the U.S. Healthcare Capital Markets Group partnered with Scott Herbold in the San Antonio market to act as the Seller’s exclusive advisors.
The Portfolio consists of Santa Rosa Professional Pavilion and Rosa Verde Tower, located on the CHRISTUS Children’s Hospital of San Antonio campus, and Northwest Tower I and II located on the CHRISTUS Santa Rosa Hospital – Medical Center campus. CHRISTUS Health (Moody’s ‘A1‘) currently leases 19.1% of the 423,411-square foot Portfolio. Other prominent tenants within the Portfolio include LabCorp (Moody’s ‘Baa2’) and a CVS Pharmacy (Moody’s ‘Baa1’), to bring the total investment grade tenant occupancy to 23.4% of the Portfolio.
For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us.
| U.S. HEALTHCARE CAPITAL MARKETS GROUP | ||
| LEE ASHER Executive Vice President Investment Properties +1 404 504 5965 lee.asher@cbre.com |
CHRIS BODNAR Executive Vice President Investment Properties +1 303 628 1711 chris.bodnar@cbre.com |
GREG GREENE Senior Vice President Debt & Structured Finance +1 214 979 5617 greg.greene@cbre.com |
| RYAN LINDSLEY Senior Director Investment Properties +1 303 628 1745 ryan.lindsley@cbre.com |
SABRINA SOLOMIANY Director Investment Properties +1 405 536 5054 sabrina.solomiany@cbre.com |
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