Publications

JULY 29, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

JLL assists with sale of medical office building for $80m

by Released

JLL’s Healthcare Capital Market has assisted with the sale of a 125,942-square-foot outpatient facility, fully occupied by affiliates of Duke Health, to Ventas, for $80.5 million. The property is located in Durham, N.C., and the seller is the Private Diagnostic Clinic, PLLC, the 1,800-member faculty physician affiliate of Duke Health. 

The five-story, class A outpatient healthcare facility was constructed and opened in 2018 to consolidate 14 critical subspecialties of the Duke Health enterprise situated in the Southpoint submarket of Durham. The outpatient center is the largest off-campus facility in the Duke Health outpatient network and houses practices in neurology, cardiology, ophthalmology, OB/GYN, pediatrics and primary care. The Private Diagnostic Clinic and Duke University Health System occupy the entire property under long-term net leases.  

Forgot your username or password?