News Release: CREG Announces Sale of Four-Building MOB Portfolio in Salem, Ore.

RECENT CLOSING

CLOSING DATE – MARCH 2023
TYPE – 4-BUILDING ORTHOPEDICS PORTFOLIO
LOCATION – SALEM, OREGON
PRICE – $20,000,000
TOTAL SF – 54,606 SF
$/SF – $366/SF

Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a four-building medical office portfolio located in Salem, Oregon and totaling 54,606 SF.  The properties are 100% leased to Hope Orthopedics, one of the leading orthopedic practices in Oregon, comprised of fifteen (15) physicians and thirteen (13) physician assistants.  The two-story flagship property in the portfolio consists of 30,642 SF and features seven (7) pods for office visits related to pre- and post-operatory orthopedic treatment, 1.5T MRI machine, three (3) X-Ray machines, lab, and physical therapy.  The properties were sold to a private REIT for $20 million.

If you would like to learn more about this sale or would like to discuss your healthcare real estate holdings, please contact our team.

U.S. HEALTHCARE INVESTMENT SALES

Andrew Larwood
Managing Partner & Principal
U.S. Healthcare Investment Sales
404-400-5410

Allen Inman
Managing Partner & Principal
U.S. Healthcare Investment Sales
404-550-7897

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