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Med Office Daily - June 29, 2026 - Fidelity Investments acquires 92,109 SF Copper Point MOB in Gilbert.

Med Office Daily - June 29, 2026 - Fidelity Investments acquires 92,109 SF Copper Point MOB in Gilbert.

RX Health & Science Trust acquires Stapley Medical Center in Mesa for $48M. Medical office condo sells in Ridley Township. Three new MOB deals.

Matt H & Maham Riaz
June 29, 2026

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NEWS ROUNDUP

Fidelity Investments acquires Copper Point, a 92,109 SF MOB in Gilbert, Arizona, from a joint venture between RX Health & Science Trust and Transwestern Investments.

ACQUISITION: Fidelity Investments acquires Copper Point, a 92,109 SF MOB in Gilbert, Arizona, from a joint venture between RX Health & Science Trust and Transwestern Investments. The fully leased Class A property is anchored by City of Hope and is located across from Dignity Health Mercy Gilbert Medical Center. RX Health & Science Trust and Transwestern Investments completed occupancy growth, capital improvements, and operational enhancements as part of their investment strategy prior to the sale. Jesse Ostrow of RX Health & Science Trust highlighted the firm's continued focus on identifying medical office assets where value can be created through leasing, operational improvements, and targeted capital investments. Cushman & Wakefield’s Healthcare Capital Markets team of Travis Ives, Gino Lollio, and Tyler Morss represented the seller in the transaction.

RX Health & Science Trust acquires Stapley Medical Center in Mesa, Arizona, for $48M from a joint venture between Harbert Management Corporation and Cypress Office Properties, LLC.

ACQUISITION: RX Health & Science Trust acquires Stapley Medical Center in Mesa, Arizona, for $48M from a joint venture between Harbert Management Corporation and Cypress Office Properties, LLC. The two-building, 181,710 SF campus is anchored by HonorHealth, Abrazo Healthcare, and Prosano (BlueCross BlueShield) and is located within Mesa’s healthcare corridor along US 60. During ownership, Harbert Management Corporation and Cypress Office Properties completed more than 60,000 SF of new medical leasing, enhancing the asset’s value and occupancy. Cushman & Wakefield’s Healthcare Capital Markets team of Travis Ives, Gino Lollio, and Tyler Morss, together with Chris Toci and Eric Wichterman, represented the seller in the transaction.

ACQUISITION: Medical office condominium sells in Ridley Township, Pennsylvania. CBRE represented ownership in the sale of a 10,670 SF medical office condominium at 1553 Chester Pike, Unit A, within the Ridley Medical Building. The property is part of the two-story, 37,570 SF Ridley Medical Building and offers convenient access to Interstates 95 and 476, along with nearby retail amenities. The buyer plans to fully renovate the space for future occupancy by a healthcare provider.