Stockdale Capital Partners secured $38 million in first-mortgage debt to finance for the acquisition of Willow Oaks Corporate Center, a 401,000-square-foot medical outpatient campus in Fairfax, Va.
Comprising two eight-story buildings at 8260 and 8280 Willow Oaks Corporate Drive, Willow Oaks is anchored by Inova Health System, a healthcare provider in Northern Virigina and the Washington, D.C., metro. Stockdale plans to leverage the property's tech-forward, amenity-rich, creative environment to attract complementary healthcare providers and expand the community's access to high-quality care.
First Citizens Bank, through its Healthcare Finance business, provided the financing.