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Med Office Daily - November 19, 2025

Med Office Daily - November 19, 2025

Berkadia sells Norman on-campus MOB. Mediplex buys West Chester ASC. Archer buys Vista Medical Offices. HREA closes Pinnacle MOB sale. Eastern Union secures $33.8M MOB loan. Six new MOB deals.

Matt H & Maham Riaz
November 19, 2025

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NEWS ROUNDUP

ACQUISITION: Berkadia sells on-campus MOB in Norman, Oklahoma. Women’s Healthcare Plaza, a Class A, 25,759 SF medical outpatient building, is located on the Norman Regional Hospital campus. The transaction was led by Chris Lashmet, Eric Lee, Sabrina Solomiany, and Vasili Davos of Berkadia Medical & Life Sciences, representing the seller, Norman Healthcare Partners. The buyer was SG Property Services, LLC, based in Georgia. Completed in 2017, the facility is 100% leased to Norman Regional Health System, which operates 90 locations across Oklahoma.

ACQUISITION: Mediplex Property Group acquires ASC in West Chester, PA. The 28,127 SF healthcare facility located at 1230 American Blvd., sits on 6.4 acres, just three miles from downtown West Chester and Chester County Hospital, with convenient access to Route 202 and Route 100. The building’s first floor is fully occupied by MUVE–West Chester Ambulatory Surgery Center and Stay Suites, managed by Surgery Partners, which operates more than 250 facilities in 30 states. The 12,743 SF second floor is available for lease. CBRE represented the seller and secured the buyer, Mediplex Property Group, with the transaction led by Stephen Marzullo, Stephen Gersbach, Adam Silverman, and Scott Gabrielsen.

ACQUISITION: Archer Property Partners acquires Vista Medical Offices for $4.45M. The 33,772 SF medical office condominium project located at 2095 W. Vista Way in Vista, CA., adjacent to Tri-City Medical Center, is soon to be rebranded as Solara Medical Center. The property was purchased from the Tri-City Hospital District and includes 18 of 21 condominium units totaling 28,035 square feet. The Newport Beach-based firm, led by Managing Partners R.J. Sommerdyke and Bryan McKenney, plans a $2.5 million renovation featuring modernized interiors, a redesigned façade, ADA upgrades, and new building systems. Ryan Foley and Myles Martinez of Colliers International will market the medical condominiums for sale.

ACQUISITION: HREA facilitates sale of Pinnacle Medical Outpatient Building in Bend, Oregon. The Class A, 100% leased, multi-tenant medical facility is located in Bend, Oregon’s premier healthcare corridor. Built in 2007, the property hosts a diverse mix of leading providers specializing in ophthalmology, ENT, gynecology, general and breast surgery, infusion therapy, family medicine, and lab diagnostics. Situated just two blocks from St. Charles Bend Hospital, the region’s only Level II Trauma Center, Pinnacle benefits from adjacency to a surgery center and senior housing communities. Christopher L. Stai, Managing Director at HREA, said the asset exemplifies the durable performance and long-term stability that define the healthcare real estate sector.

Eastern Union secures $33.84M loan for Brooklyn medical office acquisition. The 144,263 SF medical office building is located at 6201 15th Avenue, Borough Park, Brooklyn, NY. The $42.3 million acquisition was financed through Webster Bank at an 80% loan-to-value ratio, featuring a 5.55% interest rate over a five-year term with a 25-year amortization schedule. The deal was led by Alex Jaffa and Ben Halpern, Senior Loan Consultants at Eastern Union. The four-story, reinforced concrete structure, fully renovated in 2010, sits on a 0.83-acre lot with a 25-space parking area.

FINANCING: Eastern Union secures $33.84M loan for Brooklyn medical office acquisition. The 144,263 SF medical office building is located at 6201 15th Avenue, Borough Park, Brooklyn, NY. The $42.3 million acquisition was financed through Webster Bank at an 80% loan-to-value ratio, featuring a 5.55% interest rate over a five-year term with a 25-year amortization schedule. The deal was led by Alex Jaffa and Ben Halpern, Senior Loan Consultants at Eastern Union. The four-story, reinforced concrete structure, fully renovated in 2010, sits on a 0.83-acre lot with a 25-space parking area.