Newmark brokered the 1.52 million s.f. sale, valued at an estimated $350 million
By John B. Mugford
One of the 24 buildings that IRA Capital acquired from Healthcare Realty Trust is the 99,526 square foot Doctors Office Building III on the campus of the 342-bed Ascension Saint Alexius hospital in Hoffman Estates, Ill, outside of Chicago. (Photo courtesy of Newmark)
It looks as if the strong run of medical outpatient building (MOB) portfolio sales in the second half of 2025 is going to continue right to the end of the year.
HREI™ has learned that a big portfolio deal closed last week, with Irvine, Calif.-based IRA Capital LLC, a long-term investor in the space, acquiring a 24-building portfolio in 10 states from Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR). HR has been strategically selling assets as part of its “Healthcare Realty 2.0” plan that was initiated after the April 2025 hiring of Peter A. Scott as the president and CEO of the publicly traded real estate investment trust (REIT).
While the parties involved in the deal would not disclose the price, industry sources tell HREI that it was
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
