{"id":1004674550,"date":"2023-08-02T05:05:23","date_gmt":"2023-08-02T13:05:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004674550"},"modified":"2023-08-02T05:05:25","modified_gmt":"2023-08-02T13:05:25","slug":"heitman-buys-salt-lake-city-mob","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/heitman-buys-salt-lake-city-mob\/","title":{"rendered":"Heitman Buys Salt Lake City MOB"},"content":{"rendered":"<div id=\"attachment_1004674551\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Mountain-Point-Medical-e1690964406661.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004674551\" data-attachment-id=\"1004674551\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/heitman-buys-salt-lake-city-mob\/mountain-point-medical\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Mountain-Point-Medical-e1690964406661.jpg\" data-orig-size=\"3024,2266\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.6&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 13 mini&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1658223453&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;5.1&quot;,&quot;iso&quot;:&quot;50&quot;,&quot;shutter_speed&quot;:&quot;0.0002&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Mountain Point Medical\" data-image-description=\"&lt;p&gt;Mountain Point Medical Center. Image courtesy of JLL Capital Markets&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Mountain Point Medical Center. Image courtesy of JLL Capital Markets&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Mountain-Point-Medical-e1690964406661.jpg?w=1024\" class=\"wp-image-1004674551 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Mountain-Point-Medical-e1690964406661.jpg?w=300\" alt=\"Mountain Point Medical Center. Image courtesy of JLL Capital Markets\" width=\"300\" height=\"225\" \/><\/a><p id=\"caption-attachment-1004674551\" class=\"wp-caption-text\">Mountain Point Medical Center, a medical office building in Lehi, Utah. <em>Image courtesy of JLL Capital Markets<\/em><\/p><\/div>\n<p><strong>Heitman<\/strong>\u00a0has purchased Mountain Point Medical Center, a 60,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/why-mobs-offer-healthy-investor-appeal\/\">medical office building<\/a> in Lehi, Utah. <strong>Inland Real Estate Group <\/strong>sold the property after eight years of ownership,\u00a0according to CommercialEdge data.\u00a0<strong>JLL Capital Markets<\/strong> procured the buyer and represented the seller.<\/p>\n<p>Completed in 2015, the three-story building is connected to the 40-bed Holy Cross Hospital \u2013 Mountain Point. The medical facility was fully leased by Centura Health at the time of sale; orthopedics, general surgery, radiology, women\u2019s health and ENT are among the services provided at the location.<\/p>\n<p>The Class A asset is at 3000 N. Triumph Blvd., in an area with several dining options, retail centers and entertainment venues. The medical office building is right off Interstate 15, which provides direct access to downtown Salt Lake City.<\/p>\n<p>JLL Senior Managing Director Mindy Berman, Director Matt DiCesare and Director Vasili Davos led the team arranging the transaction. Senior Director Phil Brierley and Director Cole Macadaeg provided local expertise.<\/p>\n<p>In January, a partnership between Heitman and Woodside Health recapitalized a 423,000-square-foot medical office building portfolio. The <a href=\"https:\/\/www.commercialsearch.com\/news\/woodside-heitman-close-140m-mob-portfolio-recap\/\">$140 million transaction<\/a> involved 10 properties in Texas, Arizona, Georgia and Florida.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inland Real Estate Group sold the asset after eight years of ownership.<\/p>\n","protected":false},"author":3014,"featured_media":1004674551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21754,21742,1606,51973],"tags":[44009,35312,32796],"class_list":["post-1004674550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-medical-office","category-latest","category-salt-lake-city","category-southwest","tag-heitman-llc","tag-inland-real-estate-group","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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