Wisconsin medical office building sold for $10.4M — 3 insights

HPIII Milwaukee purchased Brookfield, Wis.-based Elmbrook Medical Arts Center, a medical office building, for $10.4 million, BizTimes reports.

What you should know:

1. The 52,700-square-foot medical office building sits on four acres of property.

2. HPIII Milwaukee is an affiliate of Hammes Co., a Milwaukee-area developer.

3. The building houses Greenfield, Wis.-based Ascension Medical Group's primary and specialty clinic as well as a surgery center.

More articles on transactions/valuation:
Medical office building, surgery center sell for $48M — 4 notes
DaVita affiliate acquires Coastal Physicians Medical Group — 4 insights
ASC supply chain tip of the day: Recycle surgical supplies

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