HOUSTON – Transwestern announces its national Healthcare Capital Markets team recently represented the sellers of two medical outpatient properties on the East Coast. The transactions were led by Transwestern’s Steve Leathers, Rachel Glass, Brooks Creech, and Seth Gilford.
- Commons V, located at 800 Goodlette Road N., in Naples, Florida, was sold to a healthcare-focused investor partnered with an institutional fund manager 45 days after contract signing. The 61,359 square-foot, three-story medical outpatient building is 98% leased. Strategically positioned adjacent to a cluster of clinical medical practices and near Naples Comprehensive Healthcare’s Baker Hospital, the property offers the provider tenants abundant parking and convenient access to one of the best healthcare demographic markets in the country.
- Merrimack Medical Center at 62 Brown Street on the Holy Family Hospital campus in Haverhill, Massachusetts, is a 59,601-square-foot, five-story outpatient medical building that is 90% leased. Tenants benefit from an on-campus location with an enclosed walkway to the hospital, connectivity to surrounding residential communities in the Boston MSA, and garage parking.
“These transactions highlight continued demand for high-quality, income-producing medical outpatient properties based on demographic trends and a rise in medical spending,” said Leathers, Senior Managing Director at Transwestern. “Both properties drew significant investor interest, demonstrating the strength and appeal of healthcare real estate.”
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Through offices nationwide, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at @Transwestern.
This document does not constitute an offer, solicitation or recommendation to sell or an offer to buy any securities, investment products or investment advisory services. Any offer or solicitation will be made only pursuant to a confidential private placement memorandum and subscription documents (the “Offering Materials”) and will be subject to the terms and conditions contained in such Offering Materials.
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