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JLL completes off-market sale of Kansas City medical building portfolio
The four-property, fully leased portfolio totals 86,135 square feet and was sold to Montecito Medical, adding to its national healthcare real estate holdings.
JLL has completed the off-market sale of a fully leased four-property medical building portfolio in the Greater Kansas City area to Montecito Medical, according to ConnectCRE.
JLL worked on behalf of multiple physician groups, including Orthopedic Health of Kansas City, Kansas City Urology Care PA, and Sunflower Medical Group, to finalize the transaction.
The portfolio totals 86,135 square feet and is fully leased to three Kansas City regional medical practices.
ConnectCRE reported that JLL’s Capital Markets’ Medical Properties team represented the seller, with the deal led by senior managing directors Evan Kovac, Andrew Milne and John Chun, along with managing director Tim Joyce and senior director Matt DiCesare.