JLL completes $50.3 Million monetization of fully leased medical outpatient building in Eugene, Oregon
United States, July 15 -- JLL Capital Markets announced the $50.3 million monetization of a fully leased, 157,296-square-foot multi-specialty medical outpatient building located at 1200 Hilyard St. in Eugene, Oregon, positioned two blocks from the University of Oregon campus in one of the state's most dynamic urban environments.JLL represented the seller, PeaceHealth, as part of the disposition of its larger University District campus. This large outpatient building was acquired by Montecito Medical, one of the nation's most active investors in medical outpatient real estate. As part of the deal, PeaceHealth entered into a 12-year sale-leaseback agreement and will continue operating its medical outpatient services at the property.The medica...
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