PLYMOUTH, MN-When the WestHealth campus was developed in 1994, it was a unique concept in Minnesota. From busy Interstate 494, the complex at the intersection of State Highway 55 had – and still has – the look of a typical hospital campus. Yet the three buildings totaling 200,000 square feet of space are home to outpatient services only; a hospital-like campus without inpatient beds.

Recently, that campus changed hands, as Chicago-based Harrison Street Real Estate Capital LLC acquired the campus for $58 million, or $290 per square foot. The private equity investor added the WestHealth property to its Core Property Fund, which the company says includes “stabilized, income-producing properties” comprising education, healthcare and storage real estate.

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?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt. Healthcare Real Estate 2023Event

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!

Get More Information


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.