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YAM Properties Sells Medical Office Campus for $16.5M in Glendale, Arizona

Arrowhead-Prof-Center-Glendale-AZ

A surgery center, jointly owned by Banner Health and CORE Institute, anchors Arrowhead Professional Center in Glendale, Ariz.

GLENDALE, ARIZ. — Scottsdale-based YAM Properties has completed the disposition of Arrowhead Professional Center, located at 18301 N. 79th Ave. in Glendale. Cleveland, Ohio-based Woodside Health acquired the property for $16.5 million.

Steve Lindley, Bob Buckley and Tracy Cartledge of Cushman & Wakefield Phoenix’s capital markets group, along with the healthcare team of Sheila Bale, Tom Weinhold and Ryan O’Connor, represented the seller in the deal.

The eight-building medical and professional office campus features 70,652 square feet of space. At the time of sale, the property was fully occupied and anchored by a surgery center jointly owned by Banner Health and the CORE Institute.

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