Monday, June 13, 2016

Thomas Jefferson U. Hospital Anchored MOB Portfolio Up For Sale in Philadelphia

by Steve Lubetkin,
There is for sale a two-property, 86,000-square-foot medical office portfolio anchored by Thomas Jefferson University Hospital.

The portfolio is being marketed on behalf of an affiliate of G. Comfort & Sons on an unpriced basis.

The portfolio, which has undergone near complete renovations in the last year, consists of 8001 and 8040 Roosevelt Boulevard, which are 94.7% leased and anchored by Thomas Jefferson University Hospital.  Services offered at the facilities include urgent care, heart institute (and recent additional expansion space), vascular surgery, oral surgery, family practice, imaging, podiatry, dental, hematology oncology, periodontics & prosthetics and dermatology.  The properties are located in the far northeast submarket of Philadelphia, along US Route 1 just off of Trinity Health’s 231-bed Nazareth Hospital campus.  This location is within one mile of nearly 1,500 senior housing and age-restricted units.

“Philadelphia is nationally recognized and renowned as home to one of the largest concentrations of healthcare institutions, teaching hospitals, R&D, and pharmaceutical companies in the nation."

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