 |
| Mindy Berman |
The transaction represents the second acquisition in
Sendero Capital and Angelo Gordon’s programmatic
joint venture, which
allows for up to $300 million in investments in outpatient healthcare real
estate.
Ross Negele
The joint venture is focused on value-add and core plus outpatient medical office and surgery center assets throughout the Northeastern United States – a region with high barriers to entry, strong growth and one of the largest concentrations of healthcare businesses in the U.S.
Constructed in 2006, 2 Wake Robin Road is a premier medical office building
that is currently 96% leased to Lifespan Health System and clinical medical
tenants offering a variety of services, including
urgent care, primary care, imaging, pediatric care, physical therapy and
pathology.
2 Wake Robin Road is conveniently located off Route
295 and Route 146 on George Washington Highway. 
Brannan Knott
The facility sits directly across the street from the Lincoln Mall, 0.25 miles from Route 146 and three miles from Bryant College.
The building is
located less than an hour from Boston and two national airports, and it is
strategically positioned between Landmark Medical Center (6.6 miles) and Miriam
Hospital (10 miles).
 |
| Anthony Sardo |
“We are very excited to enter the Rhode Island market with the acquisition of 2 Wake Robin Road, a strategically located medical facility offering an ecosystem of outpatient medical services,” said Ross Negele, Principal at Sendero Capital.
The JLL Capital Markets team was led by Managing
Director Brannan Knott, Senior Managing Director Mindy Berman and
Director Anthony Sardo.
CONTACT:
Alli
Semans
PR,
Hotels & Hospitality,
Capital Markets
JLL
M +1 330 329
6750
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