Three-property core medical office portfolio trades for $31m
Transactions - NOVEMBER 1, 2021

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Three-property core medical office portfolio trades for $31m

by Released

Remedy Medical Properties has bought a three-property, core medical-office portfolio totaling 72,499 square feet in Charlotte, N.C., for $31.4 million.

JLL Capital Markets marketed the portfolio on behalf of the seller, The Keith Corporation (TKC).

The portfolio consists of Mission Hospital McDowell Medical Office Building at 430 Rankin Dr. in Marion; Steele Creek Medical Office Building at 13425 Hoover Creek Blvd. in Charlotte and Tryon Medical Partners – Matthews at 630 Matthews Township Pkwy. in Matthews. The two single-tenant and one multi-tenant facilities are 97% leased overall to leading regional and national healthcare providers, including health systems, Novant Health and Mission Health (HCA), and major area physician-practice groups, Tryon Medical Partners and Charlotte Radiology. Two of the three properties were recently constructed or renovated by The Keith Corporation and offer state-of-the-art medical facilities, such as surgery centers and advanced di

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