Mountain Level Medical Middle, a medical workplace constructing in Lehi, Utah. Picture courtesy of JLL Capital Markets
Heitman has bought Mountain Level Medical Middle, a 60,000-square-foot medical workplace constructing in Lehi, Utah. Inland Actual Property Group bought the property after eight years of possession, based on CommercialEdge information. JLL Capital Markets procured the client and represented the vendor.
Accomplished in 2015, the three-story constructing is related to the 40-bed Holy Cross Hospital – Mountain Level. The medical facility was totally leased by Centura Well being on the time of sale; orthopedics, basic surgical procedure, radiology, ladies’s well being and ENT are among the many providers offered on the location.
The Class A asset is at 3000 N. Triumph Blvd., in an space with a number of eating choices, retail facilities and leisure venues. The medical workplace constructing is true off Interstate 15, which offers direct entry to downtown Salt Lake Metropolis.
JLL Senior Managing Director Mindy Berman, Director Matt DiCesare and Director Vasili Davos led the staff arranging the transaction. Senior Director Phil Brierley and Director Cole Macadaeg offered native experience.
In January, a partnership between Heitman and Woodside Well being recapitalized a 423,000-square-foot medical workplace constructing portfolio. The $140 million transaction concerned 10 properties in Texas, Arizona, Georgia and Florida.
