Newmark
Healthcare Capital Markets Presents
Gridiron MPB Portfolio
20 Properties | 479,688 SF | 11 States
The Opportunity
The Newmark Healthcare Capital Markets Team has been retained as the exclusive financial advisor for the sale of a portfolio of 20 outpatient medical office buildings, located in 11 states and totaling 480,000 square feet. The Portfolio can be acquired in whole, or within defined sub-portfolios. Please inquire with Newmark for more detail. The Portfolio is offered free and clear of existing debt.
Portfolio By-The-Numbers
20 Assets
11 States
479,688 Square Feet
97% Overall Occupancy
74% Health System/Credit/Dominant Physician Network Occupancy
7.9 Yrs Weighted Average Remaining Lease Term (WALT)
65% In Top 50 MSA
$11.8M Net Operating Income (NOI)
100% NNN or Absolute NNN Leases
2.04% Average Annual Rent Growth
Please reach out to the transaction team below with questions or to schedule a kick off call. Thank you again for your interest in The Gridiron MOB Portfolio.
All the best,
Healthcare Capital Markets
Ben Appel
Executive Managing Director
(215) 872.9903
ben.appel@nmrk.com
Jay Miele
Senior Managing Director
(732) 778.3895
jay.miele@nmrk.com
John Nero
Senior Managing Director
(610) 308.8192
john.nero@nmrk.com
Michael Greeley
Senior Managing Director
(617) 223.1623
michael.greeley@nmrk.com
Healthcare Financial Analysis
Ron Ott
Associate
(570) 417.8140
ron.ott@nmrk.com
Conor Hilton
Associate
(212) 372.0746
conor.hilton@nmrk.com
Local Licenses
John Sanders (AL) – 000073386
Lispah Hogan (LA) – BROK.34214.A-ACT
Edward Goldmeier (MD) – 15001
Daniel Canvasser (MI) – 6506043901
Malcolm P. Crowther (MO) – 1999023163
Robert Pounds (MN) – 82406
John Sanders (NC) – 203930
Larry Singer (NV) – 28687
John Sanders (TN) – 286198
Ran Holman (TX) – 326735
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