Home Industries Real Estate Moreland Medical Center sold for $20 million

Moreland Medical Center sold for $20 million

By
Cara Spoto
-
Moreland Medical Center, 1111 Delafield St., Waukesha. (Photo courtesy of GI Associates)

A limited liability company affiliated with Chicago-based Remedy Medical Properties has purchased the Moreland Medical Center complex at 1111 Delafield St. in Waukesha for $20 million. Located on eight acres southeast of the intersection of Moreland Boulevard and Delafield Street, the medical office building is home to roughly 30 physician suites, including ProHealth Care Moreland Surgery

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

Cara Spoto
Cara Spoto, former BizTimes Milwaukee reporter.

RELATED ARTICLES

Copyright ©2024 BizTimes Media, LLC. All Rights Reserved.
A limited liability company affiliated with Chicago-based Remedy Medical Properties has purchased the Moreland Medical Center complex at 1111 Delafield St. in Waukesha for $20 million. Located on eight acres southeast of the intersection of Moreland Boulevard and Delafield Street, the medical office building is home to roughly 30 physician suites, including ProHealth Care Moreland Surgery Center, and a lab operated by North Carolina-based medical giant LabCorp. It is fully leased, according to a website for the building. The property was sold to Remedy Medical Properties by The Moreland Medical Center, LLP, which last reported its principal location as being Suite 301 within the Moreland Medical Center. That office is where LabCorp lab is located within the building, its website states. The registered agent for that LLC is listed as Dr. Archibald J. Pequet, a surgeon with Waukesha Surgical Specialists, which also operates out of the building. The building was last assessed for $23.4 million, according to country records.

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version