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News Release: Just Closed – 500 University Avenue Medical Office Building

JLL Healthcare Capital Markets


Just closed: 500 University Avenue Medical Office Building
Sacramento, California

The JLL Healthcare Capital Markets Group is pleased to announce the sale of 500 University Avenue, a 47,724 square foot Class A medical office building in Sacramento, California.  The two-story building is 100 percent occupied and is anchored by Sacramento Heart and Vascular Medical Associates and its affiliated ambulatory surgery center in 50 percent of the building.  Along with tenancy from UC Davis Health, the building features a synergistic mix of healthcare practices with significant healthcare infrastructure, including an ambulatory surgery center, imaging suite, laboratory and clinical exam space.

Steve Leathers of the JLL Healthcare Capital Markets Group and Michael Stassi and Daniel Baker of the Sacramento JLL office served as exclusive advisors to the seller.

JLL Healthcare Capital Markets

JLL Healthcare Capital Markets is the only national full-service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute care.  JLL is transacting $8 billion annually with unrivaled expertise and experience in investment sales, monetization, development debt and equity capital raise and advisory services for investor and provider clients.  JLL has an extensive national and international presence that delivers local market knowledge and exceptional access to capital.

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