Lincoln & PGIM Buy Medical Office Building
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Dallas-based Lincoln Property Company and PGIM acquire a medical office building on St. Joseph Hospital campus in Uptown Denver for $44.5 million, marking the first sale since 2020. The 99,500 sq ft building is 82% leased, with Intermountain Health retaining the land under a separate ground lease. PGIM sees medical outpatient as a solid investment, reflecting confidence in Denvers health real estate market.
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