CD Healthcare Infrastructure Partners, based in New York City, announced that it acquired a medical outpatient building (MOB) in Fairfield, Connecticut for $20.5 million. The price was $569 per square foot.
The seller was Fairfield Commons, LLC, a property manager company that is based in Bridgeport, Connecticut.
The MOB houses Yale New Haven Health’s Northeast Medical Group. It has 45 exam rooms and three procedure rooms for 30 providers in such specialties as family and internal medicine, cardiology, obstetrics-gynecology, endocrinology, gastroenterology, pulmonary and sleep medicine, urology, ear, nose and throat surgery and colorectal surgery. The building, which was built in 2019, was last appraised by the Town of Fairfield for $7.4 million in 2024.
CD Healthcare Infrastructure Partners is a vertically integrated real asset investment platform focused on executing a roll-up strategy of core MOBs that deliver high income. It has built a proprietary database of $61 billion in medical real estate assets serving more than 240 health systems across the country.
According to data captured in the LevinPro HC database, this transaction marks the 88th MOB acquisition of the year. Throughout all of 2024, 213 MOB transactions were announced. This transaction also represents CD Healthcare Infrastructure Partners’ first acquisition of 2025.
