• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • Blog
  • Free Resources
RevistaMed

RevistaMed

  • About
    • Meet Revista
    • Advisory Board
    • Partners
    • Press
    • Rising Leaders Council
    • Sponsorship
    • Contact Us
  • Events
    • 2026 Revista Medical Real Estate Investment Forum
    • Subscriber Webinar
  • Why Subscribe?
    • Schedule a Demo
    • Revista x Pivotal
    • Featured Products
    • Business Development
    • Underwriting & Due Diligence
    • Asset Management
    • Capital Markets
    • Site Selection & Development
    • Leasing
  • Subscriber Login
Home / Mergers/Acquisitions / JLL Income Property Trust Acquires San Juan Medical Center

JLL Income Property Trust Acquires San Juan Medical Center

April 21, 2016 by Mike Hargrave Topics: Mergers/Acquisitions, Real Estate Financing/Capital Markets

san juanJLL Income Property Trust, an institutionally-managed, non-listed, daily valued perpetual life REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX), recently acquired San Juan Medical Center, a newly constructed, 40,000 square foot medical office building in the affluent community of San Juan Capistrano, California. The property is leased to a high quality tenant roster that includes MemorialCare Medical Foundation (MMF) and Fresenius Dialysis. The purchase price was approximately $27 million or $671 per square foot. San Juan Medical Center is a two-story MOB situated on 4.8 acres in Orange County with immediate access to I-5 and excellent visibility to over 500,000 vehicles a day. The property is fully leased with a weighted average lease term of over 13 years and annual contractual rent increases in excess of 2.75%.   The property was developed by Accretive Realty Advisors and opened in 2015.

Mike Hargrave
Mike Hargrave

Other Articles by Mike Hargrave:

    • Revista Releases the 2025 Top Owners of Medical Real Estate Report
    • The Return of the Portfolio Premium
    • A Look at 1Q25’s highest occupied Medical Office Market

Previous Post:UBS Acquires Saddleback Valley MOB from Lillibridge/Ventas
Next Post:3 Hot Construction Markets

Sidebar

Topics

  • Construction/Development
  • Industry News
  • Leasing/Property Management
  • Mergers/Acquisitions
  • Policy/Legislation
  • Real Estate Financing/Capital Markets
  • Revista Best Practices
  • Revista News
  • Sponsor Spotlight
  • Transactions
  • Uncategorized

Archives

RSS Recent Blog Posts

  • Medical Space in the Most Populous Metros June 30, 2025
    Nearly 70% of the medical office space in the US is located within the top 100 metro areas. The New York metro area alone makes up close to 5% of the national total. Urban areas contain the bulk of the population and medical space, but . . . The post Medical Space in the Most […]
    Stephen Lindsey
  • Revista Releases the 2025 Top Owners of Medical Real Estate Report June 24, 2025
    Revista has updated and released to subscribers the 2025 Top Medical Real Estate Owners Report. The 2025 Top Medical Real Estate Owners Report provides summary and detail analysis on the 50 US largest owners of medical real estate. The post Revista Releases the 2025 Top Owners of Medical Real Estate Report appeared first on RevistaMed.
    Mike Hargrave
  • MOB Construction Update May 29, 2025
    MOB construction has been slower than usual in 2025. Less projects are breaking ground than are completing, so the pipeline has been shrinking. In recent times, inventory has typically grown around 1.5% annually. Over the past year MOB inventory has grown . . . The post MOB Construction Update appeared first on RevistaMed.
    Stephen Lindsey
  • The Return of the Portfolio Premium May 27, 2025
    The graph below displays Average MOB cap rate trends for Portfolios vs. Single Properties.  From 2017 through 2022, the Average Cap Rate for MOB Portfolios was 63 basis points lower than single MOB properties that traded. The post The Return of the Portfolio Premium appeared first on RevistaMed.
    Mike Hargrave

Other Free Resources

Industry Directory

Search for and/or list your medical real estate services in Revista’s medical real estate directory.

Reports & White Papers

Download free reports & white papers on medical real estate.

Add Lease/Sale Listing

Revista provides free lease/sale listings for healthcare real estate.

Ready to Schedule a Demo?

Get in Touch Now
  • Why Subscribe?
  • Events
  • The MOB Scene
  • Add A Directory Listing
  • Add Lease/Sale Listing
  • Contact Us
  • Sponsorship
  • About
  • Data Terms of Use
  • Sponsorship Terms
  • Press

SIGN UP FOR MOB SCENE NEWSLETTER

  • Twitter
  • Facebook
  • LinkedIn