{"id":1004606960,"date":"2022-10-14T06:50:00","date_gmt":"2022-10-14T14:50:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004606960"},"modified":"2022-12-09T02:21:58","modified_gmt":"2022-12-09T10:21:58","slug":"healthcare-realty-trust-buys-denver-metro-mob","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/","title":{"rendered":"Healthcare Realty Trust Buys Denver Metro MOB"},"content":{"rendered":"
\"\"<\/a>

Park Meadows Medical Center. Image courtesy of Cushman & Wakefield<\/p><\/div>\n

Healthcare Realty Trust<\/strong> has acquired Park Meadows Medical Center, a 34,685-square-foot medical office building in Lone Tree, Colo. Gulftech International<\/strong> sold the property in an off-market transaction for $14.8 million.<\/p>\n

According to CommercialEdge data, the asset last changed hands in 2008, when the previous owner paid $13.2 million for the building.<\/p>\n

William Lucas, Stuart Thomas and Doug Wulf of Cushman & Wakefield<\/strong> represented the seller in the transaction.<\/p>\n

The three-story building was completed in 2002 and hosts a surgery center. The property features two passenger elevators, has controlled access and offers 111 parking spots at a ratio of 3.2 spaces per 1,000 square feet. At the time of the transaction, the building was fully leased to a variety of medical users and practitioners.<\/p>\n

Park Meadows Medical Center is located at 9218 Kimmer Drive, approximately 19 miles south of downtown Denver and has a strategic position near the Interstate 25 and E-470. Other medical facilities in the surrounding area include Reunion Rehabilitation Hospital Inverness, Mountain Medical and Willow Creek Dental, with Sky Ridge Medical Center 2.4 miles away.<\/p>\n

CommercialEdge data shows that Healthcare Realty Trust owns another medical center in Lone Tree, less than one mile from Park Meadows Medical Center, which was acquired in 2021, for $7.7 million.<\/p>\n

In July, Healthcare Realty Trust partnered with CBRE Investment Management for the purchase of a medical office portfolio<\/a> in Mission Viejo, Calif., for which the joint venture paid $134.8 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gulftech International sold the property for $14.8 million.<\/p>\n","protected":false},"author":2829,"featured_media":1004606961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21783,21754,21742,15],"tags":[32799,36666],"class_list":["post-1004606960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-investment","category-medical-office","category-latest","category-west","tag-cushman-wakefield","tag-healthcare-realty-trust-inc"],"acf":[],"yoast_head":"\nHealthcare Realty Trust Buys Denver Metro MOB - CPE<\/title>\n<meta name=\"description\" content=\"Healthcare Realty Trust paid $14.8 million for Park Meadows Medical Center, a 38,685-square-foot medical center in Lone Tree, Colo.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Healthcare Realty Trust Buys Denver Metro MOB\" \/>\n<meta property=\"og:description\" content=\"Healthcare Realty Trust paid $14.8 million for Park Meadows Medical Center, a 38,685-square-foot medical center in Lone Tree, Colo.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-14T14:50:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T10:21:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Park-Meadows-e1665750360184.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"999\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/\",\"name\":\"Healthcare Realty Trust Buys Denver Metro MOB - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Park-Meadows-e1665750360184.jpg\",\"datePublished\":\"2022-10-14T14:50:00+00:00\",\"dateModified\":\"2022-12-09T10:21:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a\"},\"description\":\"Healthcare Realty Trust paid $14.8 million for Park Meadows Medical Center, a 38,685-square-foot medical center in Lone Tree, Colo.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-trust-buys-denver-metro-mob\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Park-Meadows-e1665750360184.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/Park-Meadows-e1665750360184.jpg\",\"width\":999,\"height\":750,\"caption\":\"Park Meadows Medical Center. 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