Three-Building Medical Plaza Sells in Colorado Springs

Union Medical Office Plaza, courtesy of JLL.

MBRE Healthcare, a full-service real estate company that acquires, develops, leases and manages healthcare real estate across the U.S., has closed on the sale of Union Medical Office Plaza, a 149,428-square-foot, three-building medical office campus in Colorado Springs. The sale price was not disclosed.

Union Medical Office Plaza consists of 1625, 1633 and 1644 Medical Center Point, which are 82 percent leased overall and anchored by a national investment grade health provider. The two-story buildings provide a wide array of medical services, including audiology, cardiology, dermatology, health management, an infusion clinic, neurology, ophthalmology, orthopedics, podiatry, radiology, a sleep center and urgent care, among others. Positioned in a premier medical corridor, Union Medical Office Plaza serves as a primary outpatient medical office campus in the greater Colorado Springs market.

The JLL Capital Markets team representing the seller was led by Managing Directors Andrew Milne and Larry Thiel, Director Matt DiCesare and Senior Managing Director Eric Tupler.



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