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An Irvine, California, real estate investment trust acquired two medical buildings on a Burnsville medical campus for $35 million this week.
Healthpeak Properties Inc. purchased Fairview’s Ridgeview Medical Building at 303 E. Nicollet Blvd. for $21 million and Gillette Children’s Specialty Healthcare Burnsville Clinic at 305 E. Nicollet Blvd. for $14 million, according to an electronic certificate of real estate value made public this week.
The buildings were never listed for sale. The buyer approached the seller, Harrison Street Real Estate Capital, to inquire if the Chicago-based investment management firm was interested in selling the properties, according to the eCRV.
Healthpeak didn’t respond to a request for comment by publication.