X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ENGLEWOOD, CO-A new 66,400-square-foot medical office building here has been put under contract for $18.6 million. The buyer is an affiliate of Scottsdale, AZ-based Healthcare Trust of America, formerly Grubb & Ellis Healthcare REIT Inc. The seller is an affiliate of Denver-based Development Solutions Group LLC.

The building trading hands is called Hampden Place Medical Center. It is located near Swedish Medical Center and within Englewood City Center, a transit-oriented, mixed-use redevelopment district. Hampden place was developed in conjunction with local physicians and the HCA HealthOne Hospital System.

The building houses an ambulatory surgery center, medical imaging, physiotherapy and medical offices for orthopedic, hematology-oncology and related-physician practices. Mark D. Engstrom, Healthcare Trust’s acquisitions EVP says he was attracted to the project due to the quality of the tenants–a surgery center and an imaging center–and its prime location.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.