Total Investment: $247.0 Million
GLA: 538 Thousand SF
Key Tenants / Affiliations:
HCA / UCHealth
The Denver metro area has become a primary market for businesses and investors. It’s central location, mild climate and diverse economy has contributed to Denver’s population growth. With a population of over 3 million people, the growth rate has consistently outpaced the national rate every decade since the 1930’s. Metro Denver attracts a steady stream of highly educated workers from other areas, and in 2013 Colorado ranked fifth “best state for business” placing high for labor supply, growth prospects and quality of life by Forbes. The region’s largest employers represent a diverse cross-section of industries including aerospace, aviation, bioscience, financial services, and telecommunications. Because major employers are located throughout Metro Denver, the region has a good geographic balance of employment centers.
HTA’s Denver metro portfolio includes 10 medical office buildings totaling over 537,000 square feet of healthcare real estate. The 2013 acquisition of the Lincoln Medical Center (LMC) was the second purchase completed with a local developer in the region. LMC is positioned in a community-core location, in a high-traffic area off of Lincoln Avenue and less than one mile from the HCA-Sky Ridge Medical Center. Additionally, LMC is anchored by an HCA affiliated 26,000 square foot surgery center. In 2017 HTA acquired four medical office buildings totaling over 167,000 square feet.
Lone Tree, CO
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