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Trade Wind Properties Buys Medical Office Condominiums Near St. Mary’s Hospital for $1.825 Million

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  • Trade Wind Properties Buys Medical Office Condominiums Near St. Mary’s Hospital for $1.825 Million
2nd Quarter Sales
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June 10, 2026
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Karen Schutte
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Medical Office Condominiums

TUCSON, ARIZONA (June 10, 2026) — Trade Wind Properties LLC of Koloa, Hawaii, purchased five medical office condominium units at The Pain Center, 1704 W. Anklam Road in Tucson, for $1.825 million.

The seller was NWI St. Mary’s Medical Plaza Holdco LLC, an affiliate of  Northwest Healthcare Properties REIT of Tucson.

The sale included Units 107, 108, 109, 113, and 201 within St. Mary’s Medical Plaza II Office Condominium Suites. The property is located near St. Mary’s Hospital in Tucson’s west submarket.

The office condominium property was built in 1987 and totals 13,582 square feet on approximately 0.32 acres. The sale price equates to approximately $134.37 per square foot, or $365,000 per unit.

The property is classified for professional office use and was sold as an investment sale. The building is masonry construction and was listed in average condition.

Medical office properties near established hospital campuses continue to draw investor attention due to their proximity to healthcare anchors, patient access, and stable long-term demand for outpatient medical services.

Tom Nieman and Bryce Horner with Cushman & Wakefield | PICOR represented the seller. Timothy Redelsperger with Long Realty represented the buyer.

For more information, Nieman can be reached at 520.546.2728, and Horner can be reached at 520.546.2737.

Source: RED Comp #12484

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