Colliers’ U.S. Healthcare Capital Markets group announced the sale of Mercy Healthcare Center, a 92,504-square-foot on-campus medical outpatient building (MOB) in Coon Rapids, Minnesota. The property is located on the campus of the 479-bed Mercy Hospital, part of Minneapolis-based Allina Health. Financial terms of the transaction were not disclosed.
Anchored by Allina Health, the facility houses a diversified mix of outpatient healthcare tenants and specialty service lines, including nephrology, ear, nose and throat care, urology, orthotics and prosthetics, dentistry and orthodontics, pediatric rehabilitation, OB-GYN and occupational health services.
According to data captured in the LevinPro HC database, there have been 89 MOB transactions reported since the start of the year, and the first in Minnesota.
