Stabilized Real Estate
Medical Office - Southeastern Medical Office Portfolio
PURCHASE PRICE
c.$200m
SIZE
400,298 SF
LOCATION
Various, U.S.
ACQUISITION DATE
Q4 '21

Investment Highlights

  • 16-property, 400k SF portfolio of medical office and ambulatory surgery centers that is 99% triple-net leased to quality physician groups and investment grade medical tenants
  • Portfolio is geographically-diversified across U.S. Sunbelt markets with favorable economic and demographic tailwinds
  • Portfolio features a favorable tenant mix, weighted to attractive medical subspecialties with strong outpatient fundamentals
  • Leveraged KKR Healthcare Private Equity as a key competitive advantage in underwriting industry fundamentals and facility business models

(1) As of April 30, 2024.