The 99,503-square-foot Class A outpatient facility, located on the campus of St. Joseph Hospital, is operated by Intermountain Health. The acquisition strengthens Lincoln’s expanding national healthcare investment platform while increasing its presence in Denver and the broader Mountain West region.
The venture, formed with IRA Capital and a global institutional investor, gives the Canada Pension Plan Investment Board a 47.5% ownership stake and is expected to have an acquisition capacity of approximately $850 million dollars.
Described as the ‘Steady Eddy’ of commercial real estate, medical office continues to show exceptional resilience, according to industry leaders.
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