Press Release
FOR IMMEDIATE RELEASE
Tampa – May 20, 2026 – CBRE facilitated the sale of the Simmons Loop MOB, a 41,810 sq. ft. medical outpatient building (MOB) located at 6606 Simmons Loop in Riverview, Florida, to BGO in an off-market transaction.
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, Harrod Healthcare Real Estate.
Simmons Loop MOB is a newly built facility located in Riverview, approximately 20 minutes southeast of downtown Tampa. Delivered in 2025, the property is 100% leased to Women’s Care Enterprises and investment-grade AdventHealth Primary Care Network with 9.3 years of WALT. The tenants perform a diverse array of services on-site including primary care, family medicine, immunizations, obstetrics, gynecology and women’s cancer care.
Simmons Loop MOB is near the 223-bed Baycare St. Joseph Hospital-South and the newly opened 80-bed AdventHealth Riverview hospital, currently undergoing an expansion to 150 beds, positioning this outpatient pavilion as a primary feeder for the burgeoning medical campus.
“Simmons Loop MOB is an institutional quality, trophy asset strategically located in a high barrier to entry market of Riverview near acute care hospitals in Tampa, one of the nation’s leading healthcare markets,” said Knott, an Executive Vice President with CBRE’s U.S. Healthcare Capital Markets practice. “BGO has acquired a property with ideal tenancy, a 9+ year WALT and limited near-term capital expenditure needs.”
The property is located in Riverview, a rapidly growing, supply-constrained submarket of Tampa, which has experienced only 65,000 sq. ft. of new MOB development in the past decade. Simmons Loop MOB has significant frontage and visibility on US Highway 301, which sees annual average daily traffic of ~30,000 cars and is a main connector to I-75 (AADT: 120,000). The surrounding five-mile radius contains strong demographic trends that are significantly higher than statewide and national averages, including a projected five-year population growth of 8.01% (45% higher than Florida), a projected five-year senior population growth of 16.95% and an average household income of $123,897 according to CBRE Research and ESRI.
About the purchaser, BGO
BGO is a leading global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $90 billion USD of assets under management (as of December 31, 2025) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 25 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where it invests in and manages real estate assets on behalf of its clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
The assets under management shown above include real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment. For more information, visit: www.bgo.com.
About the seller, Harrod Healthcare Real Estate
Harrod Healthcare Real Estate (“HHRE”) is a vertically integrated provider of healthcare real estate services. It works closely with its clients on strategy, design, feasibility, project management, development, investment and asset management. Formed in 2012 as an affiliate of Harrod Properties, HHRE is based in Tampa, Florida, with offices in Nashville and Dallas. For more information, visit: www.harrodhealthcare.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 2025 revenue). The company has more than 155,000 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, data center solutions); 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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