A joint venture between Angelo Gordon and Cypress West completed the acquisition of La Cholla Medical Plaza, a Class A medical office building at 6130 N La Cholla Blvd in Tucson, Arizona. The purchase price was $13.5 million.
La Cholla Medical Plaza is a two-story medical facility totaling approximately 67,731 square feet, built in 1998. The property is 80% occupied, with 14,075 square feet advertised for lease in five fully built-out suites, suitable for medical or office/medical use. It is located on the Northwest Medical Campus adjacent to Northwest Medical Center, a 300-bed regional hospital. Â Major tenants include Northwest Hospital Pain Management and Wound Care, as well as Pima Heart & Vascular and Eye Associates of Tucson.
The property was previously acquired by Cypress West in 2021 from Healthpeak Properties for $12.8 million.
The post JV Acquires 67K-SF Tucson Medical Office Building appeared first on Connect CRE.
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