For Immediate Release
Gilbert, Ariz., June 12, 2026 – Cushman & Wakefield announced today that the firm has arranged the sale of Copper Point, a 92,109-square-foot, fully leased medical office building located at 3530 S. Val Vista Drive in Gilbert, Arizona.
Travis Ives, Gino Lollio, and Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets Team represented the seller, a joint venture between Chicago-based RX Health & Science Trust (RXHST) and Transwestern Investments. The asset was acquired by Boston-based Fidelity Investments.
The sale represents the successful culmination of RX/TIG’s strategic business plan, through which the venture increased occupancy, completed various capital improvement projects, and drove meaningful growth in net operating income.
“The combination of durable in-place cash flow, a best-in-class tenancy profile, and the recent capital investments resulted in a 100% long-term leased multi-tenant property that was appealing to core medical office buyers,” said Ives, who led the assignment.
“Phoenix remains a top market for medical office investment, and we look to continue to find additional assets like Copper Point where the RXHST platform can add value through our focus on delivering enhancements to leasing strategy and execution, operational improvements and targeted capital investments,” said Jesse Ostrow, Chief Investment Officer at RX Health & Science Trust.
Copper Point is a three-story, Class A medical outpatient building anchored by City of Hope, a premier oncology provider that has made a significant capital investment in the property, including the installation of a linear accelerator to deliver advanced radiation therapy services. The property benefits from a synergistic tenancy mix and long-term alignment with leading healthcare providers serving the East Valley.
Located directly across from the 292-bed Dignity Health Mercy Gilbert Medical Center, Copper Point offers tenants and patients immediate access to a major regional healthcare hub. The property also features excellent visibility and convenient access to Loop 202, further enhancing its position within one of the fastest-growing submarkets in the Phoenix MSA.
This transaction marks the second medical office sale in the Phoenix market this month by Cushman & Wakefield’s Healthcare Capital Markets Team, following the recent closing of Stapley Medical Center in Mesa, a transaction in which RXHST served as the buyer.
Cushman & Wakefield’s Healthcare Capital Markets Team—comprised of Ives (San Diego), Lollio (Chicago), and Morss (New York)—focuses exclusively on investment sales, equity, debt, and structured finance for healthcare real estate across the United States. The team advises investors, developers, and healthcare operators on medical office buildings, inpatient rehabilitation hospitals, and other specialty care assets.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
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