|
|
6/18/26
|
Boston-based Fidelity Investments has acquired Copper Point, a 92.1k sf, fully leased medical office building in Gilbert, AZ. The price was not given out.
Located at 3530 S. Val Vista Dr, Copper Point is a three-story, Class A medical outpatient building anchored by City of Hope, a premier oncology provider that has made a significant capital investment in the property, including the installation of a linear accelerator to deliver advanced radiation therapy services. The property benefits from a synergistic tenancy mix and long-term alignment with leading healthcare providers serving the East Valley.
Situated directly across from the 292-bed Dignity Health Mercy Gilbert Medical Center, Copper Point offers tenants and patients immediate access to a major regional healthcare hub. The property also features excellent visibility and convenient access to Loop 202, further enhancing its position within one of the fastest-growing submarkets in the Phoenix MSA.
Travis Ives, Gino Lollio, and Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets Team represented the seller, a joint venture between Chicago-based RX Health & Science Trust and Transwestern Investments.
“The combination of durable in-place cash flow, a best-in-class tenancy profile, and the recent capital investments resulted in a 100% long-term leased multi-tenant property that was appealing to core medical office buyers,” said Ives, who led the assignment.
The sale represents the successful culmination of RX/TIG’s strategic business plan, through which the venture increased occupancy, completed various capital improvement projects, and drove meaningful growth in net operating income.
|
|
 Return to the previous page
|
|
|
|
|
Printer-friendly Version
Email an Associate
