News Release: Just Closed | Everest U.S. Medical Office Portfolio

U. S . HEALTHCARE CAPITAL MARKETS

Just Closed

Everest U.S. Medical Office Portfolio

Arizona, Texas, Virginia & South Carolina | June 2025

$67 Million

Newmark’s U.S. Healthcare Capital Markets & Investment Banking Team is pleased to announce the sale of the first tranche of the 10 property Everest U.S. MOB Portfolio.

The Build-to-Suit MOB tranche totals nearly 200,000 square feet Of MOBs, which were purpose-built for the region-leading healthcare provider in each market. The properties were developed by Rendina Healthcare Real Estate, one Of the nation’s leading healthcare real estate developers. Since delivery to market, many of the properties share a common story Of high patient volumes, health system expansion, credit enhancements, and lease extensions and renewals.

The portfolio, which traded hands for $67m, was comprised of 4 MOBs located in Arizona, Texas, Virginia, and South Carolina, totals about 200,000 square feet. Overall occupancy was 95%, of which 92% was health system occupancy, including Novant, Asension, Bon Secours and Lifepoint Health, with an average remaining lease term of 7.5 years.

FOR ADDITIONAL INFORMATION ON THIS TRANSACTION AND THE CURRENT CAPITAL MARKETS ENVIRONMENT, PLEASE CONTACT ANY MEMBER OF THE TRANSACTION ADVISORY TEAM.

U.S. HEALTHCARE CAPITAL MARKETS & INVESTMENT BANKING TEAM

BEN APPEL
Vice Chairman
(215) 872-9903
Ben.Appel@nmrk.com

JAY MIELE
Vice Chairman
(732) 778-3895
Jay.Miele@nmrk.com

JOHN NERO
Vice Chairman
(610) 308-8192
John.Nero@nmrk.com

JUSTIN SHEPHERD
Vice Chairman
(424) 268-0788
Justin.Shepherd@nmrk.com

MICHAEL GREELEY
Senior Managing Director
(617) 223-1623
Michael.Greeley@nmrk.com

RON OTT
Associate Director
(570) 417-8140
Ron.Ott@nmrk.com

ADAM SPIES
Co-Head of U.S. Capital Markets
(212) 850-5420
Adam.Spies@nmrk.com

MARCELLA FASULO
Executive Vice Chairman
(646) 957-7399
Marcella.Fasulo@nmrk.com

HEALTHCARE FINANCIAL ANALYSIS

CHAD PRESCHER
Associate Director
(949) 702-4409
Chad.Prescher@nmrk.com

CONOR HILTON
Associate Director
(212) 372-0746
Conor.Hilton@nmrk.com

DREW MARTIN
Associate Director
(212) 372-0714
Drew.Martin@nmrk.com

LOCAL LICENSES | David Guido (AZ): BR515993000, Ryan Maconachy (TX): 586696, John Sanders (SC): 40188, Edwin Clark (VA): 225240266

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