News Release: Just Closed – University of Maryland Laurel Health & Wellness MOB

CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of University of Maryland Laurel Health & Wellness MOB (the “Property”), located in Laurel, Maryland in the Washington D.C. MSA. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Tim Connolly of CBRE’s Bethseda, Maryland Advisory and Transaction team to act as the exclusive advisors to the seller.Delivered in the spring of 2024, the state-of-the-art Class “A” facility is leased on a triple net basis with long-term WALT. The property is located on the campus of the University of Maryland Laurel Medical Center, both constructed on a parallel timeline marking the completion of Phase 1 of a multi-phase plan to create health and wellness destination campus. The property is anchored by University of Maryland Medical System (Moody’s: A2) related entities and the University of Maryland Faculty Physicians.

The University of Maryland Laurel Health & Wellness MOB is strategically located midway between Washington D.C. and Baltimore and is the hub of four major counties, offering access to a desirable patient population. Within a 5-mile radius of the campus, there is access to a population of over 204,200. The I-95 adjacent location provides immediate access to the broader patient base and offers excellent visibility to over 205,000 vehicles per day.