CBRE Capital Markets | Healthcare and Life Sciences
JUST CLOSED
NORTH HILLS HEALTH CENTER
Menomonee Falls, WI
Sale Date: 10/8/20
Property Size: 117,899 SF
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of North Hills Health Center (the “Property”), located in Menomonee Falls, Wisconsin. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger, Sabrina Solomiany and Zack Holderman partnered with Ryan Watts, Sonja Dusil and Judd Welliver in the Minneapolis market to act as the seller’s exclusive advisors.
The Property is a two-building medical office campus located in Menomonee Falls, Wisconsin. The ±117,899-square-foot property is 100% leased to Froedtert Health (Fitch Ratings ‘AA’ for 2020 A & B bonds; S&P Global Ratings ‘AA’ long-term rating), a regional health network in partnership with the Medical College of Wisconsin (Moody’s ‘Aa3’ Revenue Bonds). The Property was constructed in 2008 as a build-to-suit for Froedtert Health. The initial NNN lease expires in June of 2028, with a 7-year renewal option.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
For more information, please contact:
CHRIS BODNAR
Vice Chairman
Investment Properties
+1 303 628 1711
LEE ASHER
Vice Chairman
Investment Properties
+1 404 504 5965
RYAN LINDSLEY
Senior Director
Investment Properties
+1 303 628 1745
JORDAN SELBIGER
Director
Investment Properties
+1 404 923 1259
SABRINA SOLOMIANY
First Vice President
Debt & Structured Finance
+1 404 536 5054
ZACK HOLDERMAN
Senior Vice President
Debt & Structured Finance
+1 858 546 4670
RYAN WATTS
Executive Vice President
CBRE Minneapolis Institutional Capital Markets
+1 952 924 4657
SONJA DUSIL
Senior Vice President
CBRE Minneapolis Institutional Capital Markets
+1 952 924 4689
JUDD WELLIVER
Executive Vice President
CBRE Minneapolis Institutional Capital Markets
+1 952 924 4818
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