MedCraft Investment Partners Acquires Medical Office In Colorado Springs From CommonSpirit Health For $31.2M

The property asset involved in this transaction is a medical office located at 6011 East Woodmen Road in Colorado Springs, CO. The asset was sold for $31,200,000 and consists of a total square footage of 108,204. The price per square foot for this transaction is $288.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $31,200,000
• Buyer: MedCraft Investment Partners
• Seller: CommonSpirit Health
• Brokers: Brannan Knott, Christopher Bodnar, Cole Reethof, Dann Burke, Trent Jemmett, Zack Holderman, Jesse Greshin & Lee Diamond - CBRE
• Loan Amount: $24,200,000

The brokers representing the deal were Brannan Knott, Christopher Bodnar, Cole Reethof, Dann Burke, Trent Jemmett, Zack Holderman, Jesse Greshin, and Lee Diamond from CBRE, facilitating the transaction between MedCraft Investment Partners and CommonSpirit Health for the Sisters Grove Pavilion property.