The Auburn, Wash., facility is a part of the MultiCare Auburn Hospital Campus. Picture courtesy of Newmark
Anchor Well being Properties, in a three way partnership with Australian Retirement Belief, has acquired a three-property medical workplace portfolio within the Seattle and Charlotte, N.C., markets for $62 million. Newmark facilitated the transaction.
Referred to as the Novant & MultiCare On-Campus assortment, the portfolio contains a complete of 166,000 sq. toes, and was 94 % occupied on the time of the sale. The properties are inside regional and flagship hospital campuses, offering a wide range of medical providers, together with major care, orthopedics, cardiology, pediatrics, coronary heart and vascular, bodily remedy, neurology, oncology, cardiac rehabilitation, OB/GYN, bariatrics and urology.
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Anchor Well being Properties has greater than 9 million sq. toes of health-care actual property property underneath administration and it continues so as to add to its portfolio at a fast tempo. Not too long ago, the agency broke floor on a 100,000-square-foot medical workplace middle in Peoria, Ariz.
A part of medical campuses
The Novant & MultiCare On-Campus portfolio features a 41,000-square-foot MultiCare Well being System property in Auburn, Wash., and two Novant Well being outpatient amenities: An 89,000-square-foot constructing in Matthews, N.C., and a 36,000-square-foot medical workplace constructing in Charlotte.
Positioned at 202 N. Division St., with entry to U.S. Route 18, the Auburn facility is a few 26 miles south of downtown Seattle. The property is surrounded by different medical suppliers, together with Auburn Regional Medical Plaza and Franciscan Medical Group.
The Matthews facility is adjoining to the Novant Well being Matthews Hospital Campus at 1500 Matthews Township Parkway, 12 miles from downtown Charlotte. The third asset within the portfolio is positioned on the Novant Well being Presbyterian Hospital Campus at 200 Hawthorne Lane, lower than 2 miles from downtown Charlotte.
The Newmark staff that brokered the deal included Govt Managing Director Ben Appel, Senior Managing Administrators Jay Miele, John Nero and Michael Greeley, Affiliate Director Ron Ott and Affiliate Conor Hilton, alongside Vice Chairman Bert Sanders and Senior Managing Director Cavan O’Keefe.
