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Newmark Facilitates $72.7 Million Sale Of Medical Office Building Portfolio Spanning Four States

Comprised of five Class A outpatient medical office buildings and surgery centers, the 179,000-square-foot portfolio spans four states —Pennsylvania, Connecticut, Georgia and Texas. The opportunity to invest in strong institutional-quality assets in the healthcare real estate sector was attractive to buyers, especially given that industry-leading providers anchor the portfolio.

Health-Care Real Estate Deals Hit Record $26 Billion

According to a JLL report, medical office buildings proved a powerful magnet for investors in 2022, with the property type accounting for 58 percent of overall health-care investment activity. Transactions in the sector climbed to $26 billion in 2022, marking an annual record.