Top photo: 4892 N. Stone Ave. in Tucson, and bottom photo: Green Valley Medical Mall at 1055 N. La Canada Dr. in Green Valley, AZ
TUCSON, AZ (April 9, 2025) -- A private investment group, MLL Capital, has acquired a 42,722-square-foot medical investment portfolio, comprising multiple properties, from a Canadian investment REIT for a total purchase price of $6,150,000 ($145.49 PSF).
The portfolio includes several leased medical office buildings, including 4892 N. Stone Ave. in Tucson and the Green Valley Medical Mall at 1055 N. La Canada Dr. in Green Valley.
Both sales took place concurrently on April 1, 2025.
MLL Capital pursues core-plus, value-add, and opportunistic real estate investments. The company creates value through strategic capital investment, detailed repositioning and redevelopment plans with a strong focus on targeted leasing.
MLL Capital has commercial real estate investment and operating experience nationwide through its senior team members. The firm’s principals have over 40 years of combined experience, during which time they invested over $4 billion across a broad range of property types, markets, and risk strategies.
Thomas J. Nieman, Principal and Office Specialist, and Bryce Horner, Capital Markets Specialist at Cushman & Wakefield | PICOR, represented the seller, Northwest Healthcare Properties, in the transaction.
For more information, Nieman can be reached at 520.546.2728, and Horner is at 520.546.2737.
To learn more, see RED Comp #11831 and #11832.
PHOTO: Top photo: 4892 N. Stone Ave. in Tucson and bottom photo: Green Valley Medical Mall at 1055 N. La Canada Dr. in Green Valley, AZ