Remedy Medical Properties Acquires Medical Office Portfolio In Marion, Charlotte & Matthews, NC For $31.4M

The sale of a medical office property located at 430 Rankin Drive, 13425 Hoover Creek Blvd, and 630 Matthews Township Pkwy in Marion, Charlotte, and Matthews, North Carolina, has been completed. The property, with a total square footage of 72,499, was sold for a price of $31,400,000, resulting in a price per square foot of $433. The transaction took place on November 1, 2021.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $31,400,000
• Market: Marion, Charlotte & Matthews, North Carolina

The buyer in this transaction was Remedy Medical Properties, while the seller was The Keith Corporation (TKC). The deal was facilitated by brokers Mindy Berman, Pete Pittroff, Brannan Knott, and Daniel Flynn from JLL.