Portfolio Sale: Sunbelt Medical Office Portfolio
Scottsdale; Oxnard; Orange County; San Diego; Phoenix, Arizona; California, United States
The Sunbelt Medical Office Portfolio is a collection of six Class A medical outpatient facilities totaling approximately 269,000 square feet, strategically located in high-growth Sunbelt markets such as Orange County, San Diego, and Phoenix. These assets are 97% occupied by a diverse roster of healthcare tenants, offering stable in-place income and significant value-add potential through leasing and repositioning. The portfolio benefits from proximity to major medical corridors and regional healthcare anchors, with strong barriers to entry and robust local demand. Currently, the portfolio is held by a joint venture between Cypress West Partners and TPG Angelo Gordon, with a $300 million acquisition mandate and recent credit facility secured for expansion.