IRGENS SELLS SIX MEDICAL OFFICE BUILDINGS FOR $46.5M

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MILWAUKEE — Irgens, a Milwaukee-based developer, has sold its portfolio of six medical office properties, located throughout Wisconsin, Illinois and Arizona, for $46.5 million. Toby Scrivner, Jeff Matulis and Daniel Herrold of Stan Johnson Co. represented the seller in the transaction. The buyer was an institutional REIT out of New York. The properties within the portfolio were all triple-net leased to market dominant hospital systems with more than 10 years remaining on their leases.

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