Hammes Partners Acquires Ironwood Medical Pavilion II In Queen Creek, AZ For $23.3M

The Ironwood Medical Pavilion II, a 61,302-square-foot medical office building located at 37200 North Gantzel Road in Queen Creek, Arizona, has been sold for $23.3 million. The transaction was facilitated by JLL Capital Markets' Medical Properties Group.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $23,300,000
• SF: 61,302
• Price Per Square Foot: $380
• Address: 37200 North Gantzel Road, Queen Creek, AZ
• Market: Queen Creek, AZ

The sale of Ironwood Medical Pavilion II was completed with the involvement of various key individuals and companies. Hammes Partners acted as the buyer, while Plaza Companies and Ryan Companies US, Inc. represented the sellers. The transaction was brokered by JLL's Ben Geelan, Evan Kovac, John Chun, Matt DiCesare, Mindy Berman, and Will Mast.