MINNEAPOLIS (October 9, 2026) — Davis, a national healthcare real estate investment, development and management firm, announced the acquisition of a two-building outpatient medical portfolio occupied by ORA Orthopedics in the Quad Cities metropolitan area. The Class A portfolio totals 51,856 square feet across properties in Davenport, Iowa and Silvis, Illinois.
The approximately $19 Million acquisition expands Davis’ footprint in both Iowa and Illinois. It also establishes a long-term relationship with ORA Orthopedics, the leading independent orthopedic and sports medicine practice in the Quad Cities. The portfolio is 100% leased to ORA under a new 15-year, triple-net master lease.
“ORA Orthopedics has built an exceptional practice with a longstanding presence across the Quad Cities,” said Mark Davis, Founder and Principal of Davis. “These facilities are critical to the delivery of outpatient orthopedic care in the region, and we are pleased to partner with ORA as a long-term owner committed to supporting its physicians, patients and continued growth.”
ORA Orthopedics includes more than 30 fellowship-trained physicians and provides orthopedic, spine, sports medicine, imaging, physical therapy, pain management and occupational medicine services throughout eastern Iowa and western Illinois.
The Davenport facility serves as one of ORA’s flagship locations and includes physician clinics, MRI and X-ray imaging, physical therapy and OrthoCARE walk-in services. The Silvis facility provides comprehensive orthopedic and sports medicine clinics, advanced imaging, physical therapy and rehabilitation services.
The acquisition reflects Davis’ continued focus on Class A outpatient medical properties occupied by leading physician groups and healthcare providers. The transaction further expands the company’s presence in the Midwest while adding two strategically located assets supported by long-term tenancy and established clinical operations.
Less than 45 days ago, Davis, acquired a four-building outpatient medical and clinic portfolio from Minneapolis-based Lakeview Clinics in a sale leaseback transaction involving locations in Waconia, Norwood, Chaska and Watertown.
“These acquisitions represent the type of opportunities that we continue to pursue as we expand our portfolio in markets where we have a strong existing presence and long-term provider relationships,” said Stewart Davis, Executive Vice President of Investments, Davis.
About Davis
Davis, founded in 1986, is a national healthcare real estate firm offering expertise in development, property management, brokerage, investment, and consulting services to health systems, hospitals, medical groups, and other healthcare organizations. The company has developed over 40 Class A medical buildings totaling more than $500 Million in development costs and completed 60 investment transactions totaling more than $800 Million. Davis has negotiated more than 447 healthcare property leases with an aggregate value exceeding $1.1 Billion. The firm currently owns and/or manages 3 Million sq. ft. of Outpatient Medical Buildings (66 buildings) in 12 states, including MN, IA, IL, MI, OH, TN, CT, ME, AZ, ND, TX, and LA.
For more information, visit www.davishre.com.
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