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Woodside Health Announces Sale of Multi-State Medical Office Portfolio

February 11th, 2022

Woodside Health Announces Sale of Multi-State Medical Office Portfolio

CLEVELAND, OH Woodside Health, an Ohio based private equity firm focused on healthcare real estate, has completed the sale of a medical office portfolio for over $75 million.

The portfolio of four assets includes 282,000 square feet located across the Phoenix, Cleveland, and San Antonio MSAs. Tenants include hospital systems, ambulatory surgery centers, and high performing regional medical practices.

"At Woodside Health, we're primarily focused on growing and operating our portfolio of high-quality healthcare assets. This portfolio comprised four healthcare real estate assets that we acquired with value-add investment objectives. We achieved those objectives, and the sale provided a great outcome for our investors," said Ben Barr, Woodside Health Principal.

The firm has established a robust pipeline of acquisition targets for the upcoming 12 months. On the same day as this sale, Woodside Health acquired a Class A healthcare asset in Phoenix, which represents their 40th acquisition to date.

About Woodside Health

Headquartered in Cleveland, OH, Woodside Health is a private equity firm focused primarily on investing in commercial assets within the healthcare real estate sector. Founded in 2008, the firm has acquired over two million square feet of property valued in excess of $500 million. For more information, please visit www.WoodsideHealth.com.

 

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