Lincoln Property Company and PGIM, two real estate firms, have acquired an outpatient medical building in Denver.
The St. Joseph Medical Pavilion is a 99,503-square-foot outpatient facility operated by Murray, Utah-based Intermountain Health, according to a March 30 news release from Lincoln Property Company.
Intermountain Health and physician groups specializing in cardiology, oncology, pediatrics, ENT and dentistry provide care at the facility.
The five-story building was opened in 2020 and is currently 82% leased, the release said.
Financial terms of the transaction were not disclosed.
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