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Montecito Medical Acquires Aurora Health Center Germantown For $30.75M

Property Image
SOLD
$30,750,000
Gino J. Lollio
Sushil Puria
+ 2

Wisconsin

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Hospital185,146 SF
Sold 02/23/2024
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Property Image
SOLD

Montecito Medical Acquires Aurora Health Center Germantown For $30.75M

W180n11070 River Lane, Germantown, Wi & N112w17975 Mequon Road, Germantown, Wi

See Similar Deals
Hospital185,146 SF
Sold 02/23/2024
Gino J. Lollio
Sushil Puria
+ 2
Contact now

Summary

WISCONSIN
Asset Type:Hospital
Price Per Square Foot:$166
Total Square Footage:185,146 SF
Transaction Type:Sale

The medical office building located at W180n11070 River Lane & N112w17975 Mequon Road in Germantown, WI, was recently sold in a transaction amounting to $30,750,000. The asset, spanning 92,573 square feet, was acquired by Chip Conk & Rus Gudnyy of Montecito Medical from the seller, Sentinel Management Co. The property was represented in the deal by brokers Gino Lollio, Travis Ives, Sushil Puria, and Tyler Morss from Cushman & Wakefield, along with Mike Keane from The Boerke Co.

Summary of transation details:

The Cushman & Wakefield Healthcare Capital Markets Group, along with The Boerke Company, successfully closed the $30.750 million sale of the Aurora Health Center Germantown to Montecito Medical. The deal was orchestrated by Gino Lollio, Travis Ives, Sushil Puria, and Tyler Mrors from Cushman & Wakefield, in collaboration with Mike Keane from The Boerke Company, representing Sentinel Management Company in this significant transaction in Germantown, Wisconsin.

Players

Travis Ives
16 deals$493.4M volume
BROKER

Gino J. Lollio
Cushman & Wakefield
15 deals$482.4M volume(312) 338-7061
BROKER

Sushil Puria
Cushman & Wakefield
2 deals$41.8M volume(615) 390-0875
BROKER

Tyler Morss
Cushman & Wakefield
10 deals$312.3M volume(212) 709-0805
BROKER

Mike Keane
Cushman & Wakefield
1 deal$30.8M volume(414) 203-3019
BROKER

Details

SOLD
IMAGE: Gino Lollio, Tyler Morss, Chip Conk, Sushil Puria, Rus Gudnyy, Travis Ives & Mike Keane DATE: 02/23/2024 ADDRESS: W180n11070 River Lane & N112w17975 Mequon Road MARKET: Germantown, WI ASSET TYPE: Medical Office Building BUYER: Chip Conk & Rus Gudnyy - Montecito Medical (@MontecitoMedical) SELLER: Sentinel Management Co. BROKERS: Gino Lollio, Travis Ives, Sushil Puria & Tyler Morss - Cushman & Wakefield (@CushWake) & Mike Keane - The Boerke Co SALE PRICE: $30,750,000 SF: 92,573 ~ PPSF: $332 NOTE FROM BROKER: Cushman & Wakefield Healthcare Capital Markets Group Closes $30.750M Outpatient Healthcare Facility Disposition in Germantown, Wisconsin. Cushman & Wakefield’s Gino Lollio, Travis Ives, Sushil Puria, and Tyler Morss, in conjunction with Mike Keane of The Boerke Company, an Independently Owned and Operated Affiliate of Cushman & Wakefield, announced that the firm represented Minneapolis-based Sentinel Management Company in its $30,750,000 sale of Aurora Health Center Germantown to Nashville-based Montecito Medical.

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