SALES

Surprise's Akos Medical Plaza changes hands

Investors snatch up facility on Bola Drive

Posted 1/5/22

Akos Medical Plaza, a medical office facility at 12361 W. Bola Drive, has been sold to Evergreen Medical Properties and Bain Capital Real Estate.

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SALES

Surprise's Akos Medical Plaza changes hands

Investors snatch up facility on Bola Drive

Posted

Akos Medical Plaza, a medical office facility at 12361 W. Bola Drive, has been sold to Evergreen Medical Properties and Bain Capital Real Estate.

Akos Medical Plaza was built in 2006 and contains 37,424 square feet of space. In addition to a fully-renovated ambulatory surgery center, the property is home to internal medicine, cardiology, pain management, podiatry, audiology, hormone replacement and health and wellness practices.

“This property features a robust mix of medical tenants, including the only off-campus ASC in the Northwest Valley,” said Mindy Korth, executive vice president with Colliers in Arizona. “The underlying drivers of demand for medical office space remain strong. This property holds a prominent position in the fast-growing Northwest submarket, ensuring its success for years to come.” 

Korth handled the sale transaction. Terms of the deal were not immediately disclosed.

“We are very excited about our acquisition of Akos Medical Center and new relationships with its tenants” said Josh Richmond, president of Evergreen Medical Properties. “And we hope to acquire many more assets throughout Phoenix in the coming years.”

Evergreen Medical Properties and Bain Capital Real Estate purchased the property from Mesa-based Boomerang Capital Partners, who acquired the Class A medical development in 2019.

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