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Med Office Daily - November 4, 2026 - CBRE brokers $12.8M sale of Phoenix-area medical office portfolio

Med Office Daily - November 4, 2026 - CBRE brokers $12.8M sale of Phoenix-area medical office portfolio

AdventHealth acquires a 43,100 SF MOB in Davenport, Florida. Evernorth Care Group sells Phoenix-area MOB portfolio for $12.8M. Three new MOB deals.

Matt H & Maham Riaz
November 04, 2026

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NEWS ROUNDUP

CBRE’s Investment Properties — Private Capital Partners facilitates the $12.8M sale of a three-building medical office portfolio totaling 98,477 SF across Glendale, Phoenix and Chandler, Arizona.

DISPOSITION: CBRE’s Investment Properties — Private Capital Partners facilitates the $12.8M sale of a three-building medical office portfolio totaling 98,477 SF across Glendale, Phoenix and Chandler, Arizona. The portfolio includes properties measuring 35,845 SF at 5891 W. Eugie Ave. in Glendale, 44,000 SF at 2302 N. 75th Ave. in Phoenix and 18,632 SF at 1717 W. Chandler Blvd. in Chandler. MCR Companies acquired the Glendale and Chandler properties as part of a 1031 exchange, while Empower College Prep purchased the Phoenix building for owner occupancy. CBRE’s Geoffrey Turbow, Emily Minnier, Brian Butler, and W. Glenn Dyke represented the seller, a national healthcare company.

DISPOSITION: Flagship Healthcare Properties sells a 43,100 SF MOB in Davenport, Florida, to AdventHealth Heart of Florida. Flagship acquired the property in 2021 and managed its operations and asset improvements before the sale. Ryan Dawson, Flagship’s Senior Vice President of Asset Management, commented on the transaction, while Kristen DiMartino, Business Development Manager at NAI Geis Realty Group, Inc., said her firm facilitated the acquisition for AdventHealth.

Evernorth Care Group, formerly operated as Cigna Medical Group, sells a three-building medical office portfolio totaling approximately 98,500 SF across the Phoenix metro area for $12.8M.

DISPOSITION: Evernorth Care Group, formerly operated as Cigna Medical Group, sells a three-building medical office portfolio totaling approximately 98,500 SF across the Phoenix metro area for $12.8M. The portfolio includes a 35,000 SF building at 5891 W. Eugie Ave. in Glendale, a 44,000 SF building at 2302 N. 75th Ave. in Phoenix, and an 18,600 SF building at 1717 W. Chandler Blvd. in Chandler. MCR Companies acquired the Glendale and Chandler properties through a 1031 exchange, while Empower College Prep purchased the Phoenix property. All three buildings are near major health system campuses. CBRE’s Geoffrey Turbow, Emily Minnier, Brian Butler, and W. Glenn Dyke represented the seller.