The two buildings are the 223,000-sf Printers Park MedicalOffice Building at 175 South Union Blvd. and the 59,000-sfBriargate Medical Office Building at 8890 North Union Blvd. The twobuildings were acquired for $66 million. The additional developableland, located within Briargate, was acquired for $3.4 million.
As part of the deal, MHS will continue to be the largest tenantof the two buildings. Memorial Health Systems CEO Richard Eitelsays NexCore was not only the high bidder but also had theexperience and expertise to manage the physician office space inthe two buildings.
"As the largest tenant occupying the Briargate and Printers ParkBuildings, MHS will continue to have relationships with thephysician tenants and we wanted to make sure the buyer had a trackrecord of successfully dealing with physicians over time," hesays.
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