TROY, MICH. — Stepful Inc., a training center that helps users launch careers in healthcare, has signed a two-year, 2,400-square-foot medical office lease at 637 E. Big Beaver Road in Troy. James Mitchell of Dominion Real Estate Advisors LLC represented the tenant in the lease. Rick Ax of NAI Farbman represented the undisclosed landlord.
LA MIRADA, CALIF. — CBRE has arranged the sale of Imperial Medical Plaza, a medical outpatient building located at 15651 Imperial Highway in La Mirada. Ethan Christopher LLC sold the asset to a Los Angeles-based private investor. The two-story, 26,596-square-foot property was 91 percent leased by a variety of medical service providers at the time of sale. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Jesse Greshin and Chris Manassero of CBRE represented the seller in the deal.
AUSTIN, TEXAS — Woodside Health, a private equity healthcare real estate firm based in Cleveland, has acquired Twelve Oaks Professional Center, a medical office complex in northwest Austin. The property consists of five buildings totaling 42,500 square feet on a five-acre site. Woodside purchased Twelve Oaks Professional Center with global investment management firm Heitman. The seller and sales price were not disclosed.
ROUND ROCK, TEXAS — General contractor Brasfield & Gorrie has topped out a 152,000-square-foot healthcare project in the northern Austin suburb of Round Rock. The building is known as Ascension Seton Williamson and is part of a larger campus of healthcare provider and seniors housing operator Ascension. A tentative completion date was not disclosed. In addition to construction of Ascension Seton Williamson, some 100,000 square feet of renovations and expansions are underway across the surgery and emergency departments and medical office building on the campus.
FORT SMITH, ARK. — McCarthy Building Cos. Inc. has delivered the new addition for Mercy Hospital Fort Smith, a hospital situated off Rogers Avenue in Fort Smith. The five-story addition spans 162,000 square feet and represents a $185 million expansion for the hospital, which opened in 1975. The expansion allows Mercy to accommodate approximately 25,000 more patients annually. Construction began in 2022 and increased the number of emergency rooms from 29 to 50, added six new trauma rooms and expanded the number of ICU beds from 36 to 64. Infrastructural upgrades include enhancements to the hospital’s mechanical penthouse, helipad and parking decks, along with an expanded central utility plant and the addition of a 22-bed observation unit in the former ICU space. The design-build team for the expansion project included ENFRA (mechanical engineer), HKS Architects, Olsson Associates (civil engineer) and Northstar Management (program manager). Mercy is one of the 15 largest health systems in the United States and serves patients in Arkansas, Kansas, Missouri and Oklahoma.
HIGHLANDS RANCH, COLO. — CBRE has brokered the sale of Highlands Ranch Medical Campus, a two-building medical outpatient asset in Highlands Ranch. A joint venture between Harbert Management Corp. and Bancroft Capital sold the property to an undisclosed buyer. Terms of the deal were not released. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse Greshin, Dann Burke, Stephani Gaskins and Anna Schornstein of CBRE represented the seller in the transaction. Located at 630 and 640 Plaza Drive, Highlands Ranch Medical Campus offers 153,858 square feet of medical outpatient space spread across two buildings. Panorama Orthopedics and Spine Center recently signed a new long-term lease for 31,901 square feet at the campus.
NAPERVILLE, ILL. — Greenstone Partners has arranged the $6.1 million sale of 1952 McDowell Road, a 55,000-square-foot medical and office building in the Chicago suburb of Naperville. The anchor tenant is Advanced Behavioral Health Services, which occupies the entire third floor and recently extended its lease through 2029. The asset was 86 percent leased at the time of sale. Jason St. John and AJ Patel of Greenstone represented the seller, a Naperville-based office operator. An outside broker represented the buyer, a local investor.
HARTFORD, CONN. — Locally based brokerage firm Chozick Realty has negotiated the $10.5 million sale of a portfolio of three medical office properties totaling 94,400 square feet in Connecticut. The portfolio comprises the two-building, 66,000-square-foot Twin Ponds Office Centre in Tolland; Windham Professional Park, a two-building, 16,400-square-foot complex in Windham; and Ledgebrook North, a 12,000-square-foot, three-building property in Mansfield. Tom Boyle of Chozick represented the undisclosed seller in the deal.
HASLET, TEXAS — Dallas-based brokerage firm STRIVE has negotiated the sale of Medical City ER — Haslet, a 6,000-square-foot healthcare building located north of Fort Worth. The building is situated on a pad site of a Walmart Supercenter along State Highway 287. Parker Tims and Jason Vitorino of STRIVE represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.
NEW YORK CITY — Marcus & Millichap has brokered the $4.2 million sale of a 14,110-square-foot medical office building in The Bronx. The facility at 1615 Eastchester Road has been leased to DaVita Dialysis, which has more than four years remaining on its current deal, since 1995. Daniel Chumbley, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller, a family office, in the transaction and procured the buyer, a New York-based investment group. Both parties requested anonymity.
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