Remedy Medical Properties and Kayne Anderson Real Estate recently acquired three medical office buildings in south Denver, including Highlands Ranch I & II, a pair of MOBs at 630 and 640 Plaza Drive in Highlands Ranch, CO totaling 153,858 square feet.
DENVER and CHICAGO, September 8, 2025 – Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, today announced the acquisition of three medical office buildings (MOBs) located in Highlands Ranch and Littleton, Colorado.
“These properties stand out for their quality, location, and recent improvements,” said Joe Magliochetti, Chief Investment Officer at Remedy. “With modern infrastructure, convenient access to major hospitals, and a strong concentration of healthcare providers, these buildings are well-positioned to meet the growing demand for outpatient care in Denver. Most importantly, this investment brings essential services closer to where people live and work.”
Highlands Ranch I & II
Highlands Ranch I & II includes two off-campus, multi-tenant MOBs totaling 153,858 square feet at 630 and 640 Plaza Drive in Highlands Ranch, CO. Built in 2001, the buildings are nearly 90% leased.
The 640 building is anchored by Panorama Orthopedics, a leading orthopedic group in the Rocky Mountain region, comprising over 40 surgeons and 100 providers across seven clinics, three ambulatory surgery centers, one orthopedic hospital, and nine physical therapy locations throughout the Denver Metro area. The orthopedic practice is relocating to this facility, which will offer clinical, imaging, and physical therapy services, featuring 40 exam rooms and 35 staff members. The remaining medical space is leased to a diverse mix of healthcare providers that offer services related to sports medicine, trauma, physical therapy, pain management, podiatry, endocrinology, behavioral health, and sleep therapy.
Mineral Medical Plaza
Remedy Medical Properties and Kayne Anderson Real Estate recently acquired three medical office buildings in south Denver, including Mineral Medical Plaza, a three-story, 39,300-square-foot MOB at 1501 W. Mineral Ave. in Littleton, CO.
Mineral Medical Plaza is located at 1501 W. Mineral Ave. in Littleton, CO, totaling 39,300 square feet. Originally built in 1999, the property underwent a $5.6 million renovation in 2020, including upgrades to lobbies and restrooms, HVAC and roof replacement, and parking lot resurfacing. Currently more than 90% leased, the property is anchored by ophthalmology practices, with additional specialties including ENT, dentistry, and retina care.
About Remedy Medical Properties
Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of medical properties in the country, with over 33 million square feet and 25 offices spanning 44 states. For healthcare decision-makers wanting to maximize the value of their real estate while enhancing their ability to adapt, Remedy offers unmatched flexibility and resources in ownership, development, leasing, management, and strategy. Our willingness to commit capital, share more risk, and offer greater foresight increases your resilience, profitability, and peace of mind. For more information visit www.RemedyMed.com.
About Kayne Anderson Real Estate
Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $18 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, and self-storage. Kayne Anderson Real Estate is part of Kayne Anderson, a $38 billion alternative investment management firm with more than 41 years of successful experience across real estate, infrastructure, energy, and credit. For more information, visit www.kayneanderson.com/real-estate/. (As of June, 2025)
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Contacts:
Remedy Medical Properties: Megan Reagan, EVP Marketing, 312-872-4120, mreagan@remedymed.com
Kayne Anderson Real Estate: Jon Keehner / Madeline Jones, Joele Frank, Wilkinson Brimmer Katcher, 212-355-4449
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