Capital Markets | Healthcare & Life Sciences
Just Sold
An On-Campus Medical Office Investment Property Anchored by Sutter Health in Sacramento, California
CBRE
Transaction Highlights
Date Sold 12/14/2021
Size 81,880 SF
Occupancy 85%
FORT SUTTER MEDICAL BUILDING I
2801 K Street | Sacramento, California
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Fort Sutter Medical Building I (the “Property”), located in Sacramento, California. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger, Zack Holderman and Sabrina Solomiany acted as the seller’s exclusive advisors.
The Property is a five-story, 82,046 square foot medical office building that was approximately 83% leased at the time of sale. The facility is anchored by Sutter Health (Moody’s A1), which leases approximately 53% of the building and includes the Fort Sutter Surgery Center on the top floor. The medical office building is linked via a sky bridge to the Sutter Medical Center hospital complex across the street. The sale included the 457-car parking garage beneath the building that provides additional revenue to the owner. The adjacent Fort Sutter Medical Building II was also recently sold in a separate and unrelated transaction to the same buyer.
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
Senior Director
Investment Properties
+1 404 923 1259
Zack Holderman
Senior Vice President
Debt & Structured Finance
+1 858 546 4670
Sabrina Solomiany
First Vice President
Debt & Structured Finance
+1 404 536 5054
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