Joint venture buys 12 outpatient medical buildings in Rhode Island, Massachusetts

Atlanta-based healthcare investment and management firm Evergreen Medical Properties, along with Boston-based Bain Capital Real Estate, bought a portfolio of 12 outpatient medical office buildings in Rhode Island and Massachusetts, the companies said in an Oct. 26 news release.

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Marcus Robertson

The properties total 573,000 square feet and house tenants including Providence-based Lifespan, Rhode Island’s largest health system and private employer.

Boston-based Albany Road Real Estate Partners sold the portfolio to the Bain-Evergreen joint venture, according to the news release. Financial details were not disclosed.

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