{"id":1004784025,"date":"2026-01-15T23:03:35","date_gmt":"2026-01-16T07:03:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004784025"},"modified":"2026-01-15T23:03:37","modified_gmt":"2026-01-16T07:03:37","slug":"healthcare-realty-sells-iowa-mob","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/","title":{"rendered":"Healthcare Realty Sells Iowa MOB"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a356741c92cb&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004784026\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/iowa-heart-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Iowa Heart Center\" data-image-description=\"&lt;p&gt;Image from YM&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Iowa Heart Center is about 10 miles from downtown Des Moines, Iowa. Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg\" alt=\"Exterior shot of Iowa Heart Center, a medical office building in West Des Moines, Iowa.\" class=\"wp-image-1004784026\" style=\"width:398px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The two-story Iowa Heart Center is about 10 miles from downtown Des Moines, Iowa. <em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Healthcare Realty has sold Iowa Heart Center, an 83,000-square-foot medical office building in West Des Moines, Iowa, according to Yardi Matrix information. IRA Capital acquired the asset for $36.7 million\u2014about $442.2 per square foot.<\/p>\n\n\n\n<p>The buyer also took out a bridge loan from BMO Bank, the same data provider shows. The note is set to mature in 2028.<\/p>\n\n\n\n<p>Completed in 2004 at 5880 University Ave., Iowa Heart Center sits on 8 acres and is close to interstates 35, 80 and 235. Des Moines International Airport is 15 miles away, while the city\u2019s downtown is 10 miles east.<\/p>\n\n\n\n<p>Tenants at the building include Iowa Heart Center, Vein Center and MercyOne. The two-story property has 42,048-square-foot floorplates and more than 380 car parking spaces.<\/p>\n\n\n\n<p>The news comes on the heels of <a href=\"https:\/\/www.commercialsearch.com\/news\/ira-capital-jv-acquires-1-5-msf-medical-portfolio\/\">IRA Capital\u2019s acquisition<\/a> of a 1.5 million-square-foot medical outpatient facility portfolio. The company, in partnership with a sovereign wealth fund and an international pension investor, purchased the 24-property collection spanning 11 states also from Healthcare Realty.<\/p>\n\n\n\n<p>This reflects what has been noted as one of the significant <a href=\"https:\/\/www.commercialsearch.com\/news\/medical-office-real-estate-trends-to-watch\/\">medical office real estate trends<\/a> shaping up the industry, as private equity and foreign capital\u2014largely through professionally managed domestic funds\u2014are actively pursuing opportunities across the sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-healthcare-realty-s-large-portfolio-deals\">Healthcare Realty\u2019s large portfolio deals<\/h2>\n\n\n\n<p>As of September, Healthcare Realty\u2019s portfolio comprised 579 properties across 28 states, according to its website. These assets total about 33.6 million square feet, most of them located in Dallas, Seattle and Charlotte, N.C.<\/p>\n\n\n\n<p>In November, <a href=\"https:\/\/www.commercialsearch.com\/news\/aw-property-pays-171m-for-richmond-mob-portfolio\/\">Healthcare Realty<\/a> sold Bon Secours Medical Campus Collection, a six-property medical portfolio in Richmond, Va. The assets spanned 405,945 square feet and traded for a combined $171 million.<\/p>\n\n\n\n<p>About a year ago, the firm also <a href=\"https:\/\/www.commercialsearch.com\/news\/ucla-acquires-mob-portfolio\/\">sold the West Valley Medical Portfolio<\/a>. University of California acquired the collection totaling 162,554 square feet located in West Hills, Calif. The three facilities are 21 miles from UCLA\u2019s main campus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 83,000-square-foot property came online in 2004.<\/p>\n","protected":false},"author":3355,"featured_media":1004784026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21754,13,21742],"tags":[36551,36666,37251],"class_list":["post-1004784025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-medical-office","category-midwest","category-latest","tag-bmo-harris-bank","tag-healthcare-realty-trust-inc","tag-ira-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Healthcare Realty Sells Iowa MOB - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Healthcare Realty has sold Iowa Heart Center, an 83,000-square-foot medical office building in West Des Moines, Iowa, Yardi Matrix shows.\" \/>\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-sells-iowa-mob\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Healthcare Realty Sells Iowa MOB\" \/>\n<meta property=\"og:description\" content=\"Healthcare Realty has sold Iowa Heart Center, an 83,000-square-foot medical office building in West Des Moines, Iowa, Yardi Matrix shows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-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=\"2026-01-16T07:03:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-16T07:03:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\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-sells-iowa-mob\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/\",\"name\":\"Healthcare Realty Sells Iowa MOB - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg\",\"datePublished\":\"2026-01-16T07:03:35+00:00\",\"dateModified\":\"2026-01-16T07:03:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"Healthcare Realty has sold Iowa Heart Center, an 83,000-square-foot medical office building in West Des Moines, Iowa, Yardi Matrix shows.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/healthcare-realty-sells-iowa-mob\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/Iowa-Heart-Center.jpg\",\"width\":640,\"height\":480,\"caption\":\"Iowa Heart Center is about 10 miles from downtown Des Moines, Iowa. 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