Nationwide Portfolio of Medical Office Buildings Finds Buyer


JLL’s Capital Markets, Healthcare experts have arranged the sale of a 10-building medical office portfolio on behalf of Jupiter, Florida-based developer Rendina Healthcare Real Estate. The buyer was Everest Healthcare Properties LLC, a healthcare real estate investment manager based in Scottsdale, Arizona.

Managing Directors Mindy Berman and Daniel Turley led the team handling the portfolio sale.

“This is a well-managed portfolio which attracted investors because of its scale, geographical diversity and high-quality assets. Eight of the 10 properties are on medical campuses aligned with market leading health systems,” said Berman.

The portfolio totals over 480,000 square feet and Rendina, which has developed more than 7.75 million square feet of healthcare real estate, had recently completed more than $5.5 million in improvements to the various assets. The portfolio is 83 percent leased and more than a third of the tenants are aligned with hospital systems. Rendina will continue to provide property management and leasing services following the acquisition.

 For more news, videos and research resources on JLL, please visit the firm’s U.S. media center webpage:http://bit.ly/18P2tkv.



August 30, 2018


Topic Area: Press Release


Recent Posts

Backup Power Is a Lifeline: What Healthcare Facility Managers Must Get Right

From compliance and patient safety to community resilience, facility managers must prioritize preventive maintenance, training and technology to ensure uninterrupted power.


3 Pillars of Stronger Cybersecurity in Healthcare

These strategies can help healthcare facilities stay ahead of evolving cyber threats.


Piedmont Fayette Hospital to Build New Patient Tower

The renovation and expansion project will extend to other areas of the hospital, including surgical services, kitchen, lab, pharmacy and more.


Texas HHSC Announces Construction of New Lubbock Psychiatric Center

The hospital is designed with the latest mental healthcare standards in mind to promote recovery and healing.


Armed Standoff at West Virginia Hospital Reminds of the Need for Safety Measures

The alleged suspect, who's now in custody, was also linked to earlier bomb threats.


 
 


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.