Press Release
FOR IMMEDIATE RELEASE
Charlotte – April 15, 2026 – CBRE is pleased to announce that it facilitated the sale of the Fort Mill On-Campus MOB, a 56,611-square-foot medical outpatient building (MOB) located at 986 Wellness Way, Fort Mill, South Carolina, to INVESCO Real Estate.
Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets acted as the exclusive advisors to the seller, Durkin Enterprises.
The Fort Mill On-Campus MOB is a Class A, state-of-the-art facility delivered in 2022, which is directly connected to the Piedmont Medical Center’s 200,000-square-foot, 100-bed Fort Mill Hospital. Piedmont Medical Center opened the cutting-edge MOB simultaneously with the Fort Mill Hospital to allow for improved access to ambulatory and diagnostic care. Fort Mill On-Campus MOB is 87% leased and anchored by Piedmont Medical Center and Piedmont Physician Network, both subsidiaries of Tenet Healthcare, a national diversified healthcare services company. Specialties at the property include cardiology, general surgery, women’s health and primary care. Other tenants include Carolina Cardiology Associates, ABS Kids and Labcorp (Moody’s: Baa2).
“The MOB’s location adjacent to the Kingsley Town Center and connection to the hospital make it irreplaceable real estate,” said Cole Reethof, CBRE’s First Vice President of the U.S. Healthcare Capital Markets practice. “Invesco will benefit from the continued lease up, drafting off the growth of the hospital and Fort Mill, one of the fastest growing towns in the country.”
Strategically located at the intersection of S.C. Highway 160 and U.S. Highway 21, and less than 0.5 mile to Interstate 77, the property is highly accessible to over 170,000 cars a day. Within a 3-mile radius of the property, the population is expected to grow 7.5% over the next five years, almost doubling the growth rate of the Charlotte MSA and 4.5x of the national average.
“This successful development would not have been possible without the strong collaboration and support of Piedmont Medical Center throughout all phases of the development,” said Frank Piasta, Partner at Durkin. “Thank you CBRE Healthcare for your professionalism and expertise executing this transaction.”
The purchaser, INVESCO Real Estate, is a subsidiary of Invesco, an independent investment management company built to help individual investors, financial professionals and institutions achieve their financial goals. It offers a range of investment strategies across asset classes, investment styles and geographies. Its asset management capabilities include mutual funds, ETFs, SMAs, model portfolios, indexing and insurance solutions. For more information, please visit:
http://www.invesco.com/.
The seller, Durkin Enterprises, is a fully integrated real estate development firm. Its team of industry professionals can handle every aspect of development project from inspiration to completion. Its process includes site selection and acquisition, project funding, design development services, project management and property management and leasing. Durkin Enterprises has created the lasting relationships needed to acquire, develop, reposition, operate and sell real estate, ensuring the successful execution of every development project. For more information, please visit: www.durkinllc.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
Contact:
Olivia Vallone
+1 847 691 9144
Olivia.Vallone@cbre.com
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