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Home / Industry News / Rendina Offers up a National Medical Office Portfolio for Sale

Rendina Offers up a National Medical Office Portfolio for Sale

September 28, 2017 by Mike Hargrave Topics: Industry News, Mergers/Acquisitions, Real Estate Financing/Capital Markets, Revista News

Rendina Healthcare Real Estate, a leading MOB developer/investor in the sector, has put up a 10 property, 489,301 square foot high quality MOB portfolio for sale. JLL has been hired to facilitate the transaction.

The portfolio is located throughout key growth markets in the United States including Texas, South Carolina, New Jersey, Arizona, Virginia and Illinois.  The portfolio has a 87% occupancy with 34% of tenancy from strong, investment grade non-profit national and regional health systems.

The portfolio includes several class A assets such as the Harker Heights Medical Pavilion which is 100% leased and on the campus of Seton Medical Center Harker Heights.  Also included are 3 assets located on the campus of Clara Mass Medical Center which Rendina acquired back in 2014.

Investment Summary

Harker Heights Medical Pavilion.
Harker Heights Medical Pavilion.

 

 

 

 

 

 

 

 

 

 

For more information on the portfolio contact Daniel Turley or Mindy Berman of JLL.  Contact info is immediately below.

Daniel Turley
Executive Vice President
O +1 214 438 6374
M +1 212 729 9327
daniel.turley@am.jll.com

Mindy Berman
Managing Director
O +1 617 316 6539
M +1 617 899 0657
mindy.berman@am.jll.com

 

 

Mike Hargrave
Mike Hargrave

Other Articles by Mike Hargrave:

    • MOB Occupancy Rate Hovering at Cyclical High 
    • Is MOB Construction Beginning to Rise?
    • Rehabilitation hospital construction showing signs of rising in 2025

Previous Post:Look at the Hot Medical Office Money!
Next Post:Investor Interest Varies Greatly By Metro

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