UDLR Healthcare Acquires Thunderbird Medical Pavilion In Glendale, AZ For $13.5M

The Thunderbird Medical Pavilion, a mission-critical medical office, located at 5757 West Thunderbird Road in Glendale, Arizona, has been sold for $13.5 million. The property spans 92,811 square feet, resulting in a price per square foot of $145. The sale was facilitated by JLL Capital Markets, with a team of brokers including Anthony Sardo, John Chun, Matthew DiCesare, Mindy Berman, and Pat Williams representing the seller. The buyer in this transaction is UDLR Healthcare.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $13,500,000
• Square Footage: 92,811
• Price per Square Foot: $145
• Address: 5757 West Thunderbird Road, Glendale, AZ
• Market: Glendale, AZ

JLL Capital Markets facilitated not only the sale of Thunderbird Medical Pavilion but also arranged $10.1 million in acquisition financing for this on-campus medical property. This transaction signifies the strong demand for mission-critical healthcare assets in Glendale, Arizona.