 |
| Tigard Medical Plaza, Tigard, OR |
 |
| Evan Kovac |
SEATTLE, WA, May 23, 2019 – Holliday
Fenoglio Fowler, L.P. (HFF) announces that it has closed the $14.5 million sale
of Tigard Medical Plaza, a 20,994-square-foot outpatient medical office
building and ambulatory surgery center in the Portland-area community of
Tigard, Oregon.
HFF marketed the property on
behalf of the seller. A private investor in a 1031 exchange purchased the
medical office property in an all-cash transaction.
Completed in 2005, the fully
leased asset serves as a strategic medical office and outpatient surgery
center. Tigard Medical Plaza is located on 1.74 acres approximately 10
miles south of downtown Portland.
 |
| Andrew Milne |
The property is
strategically positioned for easy access and visibility from Interstate 5,
which is the primary north-south freeway that connects Portland with Salem and
has traffic counts exceeding 164,000 vehicles per day.
Additionally,
Tigard Medical Plaza benefits from its proximity to nearby medical facilities,
including Providence Laboratory and Providence Bridgeport Health Center
directly across the street as well as Legacy Hospital just two miles
south.
 |
| Maria Poyer |
The HFF investment advisory team
representing the seller comprises members of HFF’s national medical office
capital markets team, including managing director Evan Kovac, director Andrew
Milne, senior associate Trent Jemmett and analyst Maria Poyer.
 |
| Trent Jemmett |
Local market
expertise was provided by HFF director Logan Greer. HFF managing
director Casey Davidson and senior director John Chun provided
debt advisory services on the transaction.
About HFF
HFF and its affiliates operate out of 26 offices and are a leading
provider of commercial real estate and capital markets services to the global
commercial real estate industry.
 |
| Casey Davidson |
HFF, together with
its affiliates, offers clients a fully integrated capital markets platform,
including debt placement, investment advisory, equity placement, funds
marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate
Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc.
(NYSE: HF).
 |
| John Chun |
CONTACTS:
EVAN KOVAC
HFF Managing Director
(858) 812-2365
(858) 812-2365
No comments:
Post a Comment