News Release: Just Closed – Ironwood Medical Pavilion II | Phoenix MSA | 60K+ SF | On Campus

JLL Investment Advisory

JLL Medical Properties Group

Capital Markets

Just Closed: Ironwood Medical Pavilion II – Queen Creek, AZ

JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of Ironwood Medical Pavilion II, a trophy 61,302 square foot medical building delivered in 2019 and is 99% leased to a variety of healthcare tenants, including anchor tenant Banner Health (S&P AA-). Banner Health is the largest health system in Arizona and is the third largest employer in the state operating over 30 hospitals.

The Property sits on the campus Banner Ironwood Medical Center in the affluent and high growth city of Queen Creek.

The JLL Medical Properties Group (Capital Markets) served as the exclusive advisor to the seller.

JLL Capital Markets

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients – whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

Press Release

Healthcare Investment Sales Advisors

Evan Kovac
Senior Managing Director
+1 206 576 0033
evan.kovac@jll.com

Mindy Berman
Senior Managing Director
+1 617 316 6539
mindy.berman@jll.com

Matt DiCesare
Director
+1 310 407 2149
matt.dicesare@jll.com

Debt and Structured Finance

John Chun
Senior Managing Director
+1 949 798 4108
John.chun@jll.com

Daniel Digerness
Director
+1 602 248 7878
Daniel.digerness@jll.com

Local Investment Sales Advisors

Ben Geelan
Senior Managing Director
+1 515 664 7259
Ben.geelan@jll.com

Will Mast
Senior Director
+1 480 332 7442
Will.mast@jll.com

Local Healthcare Leasing Expert

Pat Williams
Executive Managing Director
+1 602 282 6286
pat.williams@jll.com

Analytical Support

Chad Prescher
Associate
+1 949 702 4409
chad.prescher@jll.com

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In