Med Office Daily - July 8, 2026 - ASG Equities acquires 197,860 SF Wisconsin office property for $39.1M.

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NEWS ROUNDUP

ACQUISITION: ASG Equities acquires a 197,860 SF office property in Middleton, Wisconsin, for $39.11M. The four-story property at 7954-7974 UW Health Court is fully leased to University of Wisconsin Health Administrative Services under a new 20-year lease and serves as a key administrative facility supporting the UW Health system. SRS Real Estate Partners' John Redfield and Lee & Associates' John Battle represented the California-based private seller in the transaction.

FINANCING: Berkadia secures a $37.6M C-PACE loan for 1201 Sycamore, a 117,075 SF outpatient medical and community services facility in Washington, D.C.'s Congress Heights neighborhood. Completed in 2023, the property is leased to Whitman-Walker Health and Whitman-Walker Clinic and is managed by J Street Cos. The financing supports the facility's energy efficiency, water conservation and resiliency initiatives. Brian Gould, Natalie Hershey, Patrick McGlohn, Patrick Cunningham, and Hunter Wood of Berkadia arranged the 28-year financing through Nuveen Green Capital on behalf of borrowers Redbrick LMD and Gragg Cardona Souadi. DC Green Bank serves as administrator of the DC PACE program.

FINANCING: A joint venture between TPG Angelo Gordon and The WE’RE Group secures a $280M refinancing for a 14-property medical office and suburban office portfolio totaling approximately 1.51M SF across Long Island, New York. The portfolio is 86% leased and includes more than 75 tenants, with approximately 58% of the rentable area dedicated to medical office space. Major healthcare tenants include affiliates of ProHealth, Northwell Health, NYU Langone School of Medicine, New York Blood and Cancer, and Catholic Health. Nomura and Citigroup provided the financing, while Newmark's Jordan Roeschlaub, Chris Kramer, Tim Polglase, Dan Axelson, and Niv Shahmoon arranged the transaction.

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