Class A national medical office portfolio sells for $400M


 

 

 

JLL Healthcare Capital Markets experts have completed the $400 million sale of the Hammes Medical Office Portfolio, a 979,000-square-foot, geographically-diverse collection of 23 Class A medical outpatient properties affiliated with top health systems and other providers in nine states.  

Managing Directors Mindy Berman and Steve Leathers advised on sale on behalf of the seller, Milwaukee-based Hammes Partners, a highly respected institutional private equity firm exclusively focused on healthcare real estate. Welltower, a leading global provider of health care infrastructure, acquired the portfolio 

“Prospective investors were attracted to this carefully curated portfolio of high-quality outpatient assets,” said Berman. “Selling points include the portfolio’s alignment with major health systems, durable income and locations in strong metro markets.”

The properties are located in 12 metro markets in the following states: Virginia, Washington, North Carolina, Illinois, New York, New Jersey, Pennsylvania, Alabama and Texas. 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution.

JLL Healthcare Capital Markets is the only national full-service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute care. The team consistently transacts over $1 billion annually with unrivaled expertise and experience in investment sales, monetization, development debt and equity capital raise and advisory services for investor and provider clients.

For more capital markets content, visit The Investor, an online news source providing real-time commercial real estate news to asset buyers and sellers around the world. For more news, videos and research resources on JLL, please visit the firm’s U.S. newsroom.

 

 



January 31, 2019


Topic Area: Press Release


Recent Posts

The High Cost of Healthcare Violence

As workplace violence increases, healthcare facilities face mounting financial and operational disruptions- prompting legislative action.


EVS Teams Can Improve Patient Experience in Emergency Departments

A report confirmed that cleanliness of the ED was the third most impactful element on patient experience surveys.


East Tennessee Children's Hospital to Become Dolly Parton Children's Hospital

It marks a collaboration designed to elevate children's healthcare across East Tennessee.


The Future of the Global Hospital Hygiene Market

A market study details the current state of the global hygiene market and the factors that are expected to make a big difference in the next decade.


Rethinking Fire Safety Inspections

Digital tools bridge the gap between growing facility complexity and workforce limitations, allowing teams to maintain the highest safety standards.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.