News Release: Just Closed! Connecticut Coast Portfolio

NEWMARK

HEALTHCARE CAPITAL MARKETS

CLOSING ANNOUNCEMENT

81% LEASED, VALUE-ADD MOB PORTFOLIO

CONNECTICUT COAST PORTFOLIO

WESTBROOK, STRATFORD & NEW LONDON | JUNE 2023
Newmark’s Healthcare Capital Markets Group announces the sale of the Connecticut Coast Portfolio, a 78,348 square foot, three-property medical office building portfolio. The portfolio is
81% occupied, nearly 90% Of which is leased to health systems and dominant physician networks. Notable on the creditworthy tenant roster are Yale New Haven Health, Hartford Healthcare,
Women’s Health Connecticut, and Advanced Radiology. The Properties are located in Stratford, Westbrook and New London, all strategic 1-95 Corridor growth markets for healthcare providers
throughout Connecticut.

FOR ADDITIONAL INFORMATION ON THIS TRANSACTION + THE CURRENT CAPITAL MARKETS ENVIRONMENT, PLEASE CONTACT ANY MEMBER OF THE TRANSACTION ADVISORY TEAM.

HEALTHCARE CAPITAL MARKETS
Jay Miele
Senior Managing Director
732.778.3895
jay.miele@nmrk.com

Michael Greeley
Senior Managing Director
617.223.1623
michael.greeley@nmrk.com

Ben Appel
Executive Managing Director
215.872.9903
ben.appel@nmrk.com

John Nero
Senior Managing Director
610.308.8192
john.nero@nmrk.com
nmrk.com

Ron Ott
Associate
570417.8140
ron.ott@nmrk.com

Conor Hilton
Associate
212.372.0746
conor.hilton@nmrk.com

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