Mindy Berman |
LOS ANGELES, CA – JLL Capital Markets arranged the sale of Mountain Point Medical Center, a Class A medical office building totaling 60,000 square feet in Lehi, Utah, in the Salt Lake City metropolitan area. The price was not disclosed.
JLL
represented the seller, an affiliate of The Inland Real Estate Group of
Companies, Inc., and procured the buyer, an affiliate of Heitman LLC.
The JLL Medical
Properties Group was led by Senior Managing Director Mindy Berman,
Director Matt DiCesare and Director Vasili Davos. Senior Director
Phil Brierley and Director Cole Macadaeg of JLL’s Salt Lake City
office provided local expertise.
Mountain
Point Medical Center is a three-story outpatient medical building that is
connected to the newly renamed, 40-bed Holy Cross Hospital – Mountain Point,
part of Centura Health.
The
building is 100% leased by Centura Health through its recent acquisition of
Steward Health Care’s ownership interest in its Utah healthcare
operations.
Vasili Davos |
The building is in the high growth area of Salt Lake, 25 miles south of downtown Salt Lake City, directly along Interstate 15 at the interchange with Utah State Road 92.
Lehi has undergone exceptional growth, including young growing
families seeking desirable suburbs with good access to employment throughout
the Salt Lake City area.
The building is surrounded by commercial
office buildings and retail and commercial amenities.Phil Brierley
JLL Capital Markets is a full-service global provider
of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge
delivers the best-in-class solutions for clients — whether investment sales and
advisory, debt advisory, equity advisory or a recapitalization.
The firm has more than 3,000
Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research
resources, please visit JLL’s newsroom
CONTACT:
Alli Semans
PR,
Hotels & Hospitality
Capital Markets
JLL
M +1 330 329
6750
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