Connect Media > Chicago News > Harrison St., Sanders Sell $213M Healthcare Portfolio

November 3, 2020 Comments Off on Harrison St., Sanders Sell $213M Healthcare Portfolio Views: 929 Chicago News, Top Chicago

Harrison St., Sanders Sell $213M Healthcare Portfolio

Order Reprints...

Chicago-based Harrison Street sold a portfolio of nine medical office buildings and inpatient rehabilitation facilities valued at $213 million to Lincoln Advisors, a Lincoln Property Company affiliate that’s also based in Chicago and which purchased the assets on behalf of a public pension fund client.

The properties were held across Harrison Street’s Opportunity Fund series and were part of an ongoing joint venture between Harrison Street and Birmingham, AL-based The Sanders Trust.

“This transaction is the latest example of our successful partnership with The Sanders Trust,” said Ben Mohns, head of asset management – North America for Harrison Street.

The properties are located across Texas, Ohio, Maryland, Georgia, Mississippi and Iowa, and comprise approximately 394,606 square feet.  The portfolio’s 100% leased assets were acquired over the past three and a half years.
 
 
CBRE’s Chris Bodnar and Lee Asher represented The Sanders Trust and Harrison Street on the transaction.

Connect With Harrison Street

Connect With Lincoln Advisors

Connect With CBRE’s Bodnar


Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny

Tags: , ,

Comments are closed.