Cushman & Wakefield’s Healthcare Capital Markets team has completed the $4.2 million sale of Anderson Ferry Plaza, a 43,599-square-foot medical office building in Cincinnati.
Cushman & Wakefield managing directors Gino Lollio, Scott Niedergang and Travis Ives; associate Kyle Seychel; and local Cushman & Wakefield colleagues Tom Powers and Mike Sullivan in Cincinnati represented Rialto Capital in its disposition to publicly traded healthcare REIT Community Healthcare Trust, Inc.
Located at 2001-2045 Anderson Ferry Road, the multi-tenant MOB is more than 87 percent occupied and anchored by TriHealth Physician Partners. Additional tenants include ABC Pediatric Therapy, Clarkson Eye Care and Happy Hangout. The property is 15 minutes west of the Cincinnati CBD and 1.3 miles from Mercy Health-Queen City Medical Center. Additionally, the location has more than 210,000 residents within a five-mile radius and average household income of more than $69,000.
In 2020, the Cushman & Wakefield Healthcare Capital Markets team closed 228 healthcare real estate transactions valued at more than $1.52 Billion.