Investor firm Bain Capital and real estate operator Evergreen Medical Properties have acquired a 122,000-square-foot outpatient facility in Washington, D.C.
This is the first entrance into the D.C. market for the joint venture, according to a Jan. 21 press release sent to Becker's.
The property, which was newly renovated in 2024, is 83% leased. The joint venture currently has 34 facilities totaling 1.5 million square feet, with plans to continue expanding in the outpatient space.