New York, NY (September 23, 2026) — Newmark announces the Company has arranged the $56 million sale of the 120,000-square-foot Carolinas Medical Outpatient Collection, comprising two fully leased medical outpatient assets in Summerville, South Carolina and a fully entitled development site in Chapel Hill, North Carolina.
Co-Heads of U.S. Medical Office Capital Markets Ben Appel, Jay Miele and Justin Shepherd, alongside Head of Healthcare Debt John Nero, Senior Managing Director Michael Greeley and Associate Director Ron Ott advised seller Hammes in the transaction. The buyer was Healthcare Realty.
“The collection pairs stabilized outpatient assets backed by leading healthcare providers with future development potential in two of the Southeast’s growing healthcare markets,” said Appel.
“High population growth southern U.S. markets, newer construction, investment grade tenancy, attractive weighted average lease term and fixed annual rent growth drove strong investor interest.”
The Summerville properties include Summerville Medical Campus, a nearly 100,000-square-foot, multi-tenant MOB anchored by the Medical University of South Carolina (S&P, AA), and Charleston Surgery Center, a 22,261-square-foot ambulatory surgery center fully leased to a joint venture led by SCA Health (S&P, AA-). Together, the assets are 100% leased with a weighted
average lease term of approximately seven years, featuring fixed annual rent escalations.
The collection also includes an approximately five-acre site at 5936 Farrington Road in Chapel Hill that is fully entitled for a six-story, 168,000-square-foot medical and office building with a structured parking garage. The site offers direct access to Interstate 40 and Highway 54 within the Research Triangle.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark’s comprehensive platform is uniquely tailored to provide superior
outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark.
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