19 August, 2025
Optum/Spooner Surprise City Center Trades for $10.4 Million
SURPRISE, AZ — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, announces the successful closing of a medical office property located at Surprise City Center in Surprise, AZ. The 14,815-square-foot property, built in 2017, sold for $10.4 million. Matthews™ Senior Vice President & Senior Directors Rahul Chhajed and Michael Moreno, alongside Vice President & Director Tyler Swade, represented the seller and facilitated the transaction.
“This property is ideally positioned in a highly desirable Phoenix submarket and is primarily occupied by a reputable health system and national provider—making it a compelling investment opportunity,” said Chhajed. “The asset is 100% NNN leased with annual rent escalations, and the real estate itself presents exceptionally well.”
The buyer, a private investor with whom Matthews™ has successfully transacted previously, acquired the property through the off-market opportunity sourced directly by Matthews™ agents. The buyer was drawn to the asset for its ideal location, institutional-grade tenancy, and stable cash flow.
“This transaction highlights our ability to leverage our deep investor network to source off-market buyers and deliver strong results for our clients,” said Moreno. “The seller has initially explored marketing the property directly, but our process secured a compelling offer and ensured a smooth closing.”
This was a seamless transaction, with both Buyer and Seller working collaboratively to achieve a successful outcome.
For more information or to contact a Matthews™ specialized agent, please visit www.matthews.com.
About Matthews™
Matthews Real Estate Investments Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
PRESS CONTACT
Leanne Jenkins
(805) 807-3149
leanne.jenkins@matthews.com
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