Hammes Partners Acquires Hudson Medical Center In Hudson, WI For $72M

The Hudson Medical Center, a medical office located at 2651 Hillcrest Drive in Hudson, WI, has been sold in a closed transaction. The property spans 160,000 square feet and was sold for a total price of $72,000,000, resulting in a price per square foot of $450. The sale was successfully closed by Transwestern Real Estate Services (TRS), with Hammes Partners, a private investment platform specializing in healthcare real estate, acquiring the property from Hudson Medical LLC.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $72,000,000
• Address: 2651 Hillcrest Drive, Hudson, WI
• Market: Hudson, WI
• Square Footage: 160,000
• Price per Square Foot: $450

Erik Coglianese, Frank Richie, John Huff, and Mike Salmen from Transwestern represented the buyer, Hammes Partners, in this transaction. Transwestern Real Estate Services (TRS) successfully facilitated the sale of the Hudson Medical Center, a testament to their expertise in the healthcare real estate sector. The acquisition of this medical office by Hammes Partners highlights their focus on investing in healthcare properties.