JLL Capital Markets completed the $24-million sale of Bon Air Medical Center, a 27,297-square-foot, multi-specialty medical outpatient complex in Larkspur. JLL’s Medical Properties Group, including senior managing directors Evan Kovac, Andrew Milne and John Chun and senior directors Matt DiCesare and Anthony Sardo, along with JLL Investment Sales & Advisory team members senior director Erik Hanson and senior managing director Rob Hielscher, led the sales efforts on behalf of Wareham Development Corporation in the sale to Anchor Health Properties.
“Bon Air Medical Center offered investors the opportunity to acquire a state-of-the-art medical building at an extremely attractive basis below replacement cost,” said Kovac. “The property has an extremely desirable location in affluent Marin County and an opportunity to align with the dominant healthcare provider in the market.”
Located at 2 and 18 Bon Air Rd. in Larkspur, the property is adjacent to the MarinHealth Medical Center, the county’s largest hospital. The two single-story buildings are fully leased to MarinHealth and offer a wide range of services, including cardiovascular medicine, orthopedics, imaging and spinal care.
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