Marcus & Millichap has sold a 224,150-square-foot medical office building portfolio made up of 20 radiation oncology centers located in Kentucky, Florida, California, Nevada and West Virginia. The sales price for the healthcare real estate portfolio is just more than $117 million.
Gino Lollio and Scott Niedergang, both associate vice presidents in Marcus & Millichap’s downtown Chicago office and members of the firm’s Healthcare Real Estate Group, represented the seller, a group of physicians affiliated with the tenant.
Lollio and Niedergang also represented the buyer, a private non-traded REIT with a focus on healthcare. The net-leased tenant is 21st Century Oncology, which executed a new master lease prior to close of the transaction.
