Healthcare Real Estate

A two-story medical building occupied by Banner Health Inc. in midtown Tucson has been sold to investors. AP MP LLC, an affiliate of MBRE Health Care, bought the 40,936-square-foot building at 535 N. Wilmot Road for $11.5 million. Banner recently renewed the lease for another 10 years. Its Diamond Children’s Multispecialty Service Clinic and Whole

Trammell Crow Co. has sold the MLK Community Health Building, a 52,000-square-foot medical office property in Willowbrook, Calif., for $43.3 million. Seavest Healthcare Properties purchased the Class A asset located on the campus of the Martin Luther King Jr. Community Hospital through its Seavest Properties V fund. Read the full article: Trammell Crow Sells Los

White Plains, NY-based Seavest Healthcare Properties LLC acquired the newly built 52,000-square-foot Martin Luther King (MLK) Jr. Community Hospital medical office building on the campus of the MLK Jr. Community Hospital in Willowbrook, south of DTLA. Trammell Crow Company sold the asset for $43.25 million. Read the full article: Seavest Acquires MLK Jr. Community Hospital

JLL Capital Markets closed the sale of 3601 21st St., a 20,880-square-foot, single-tenant, net-leased medical office property in Lubbock. Terms weren’t disclosed. The buyer was Los Angeles-based RealtyMogul. 3601 21st St. is fully leased to Covenant Health System, reportedly the largest healthcare institution in West Texas. Read the full article: Single-Tenant Lubbock MOB Trades to