VIZZDA — In a two-property transaction that totaled over $13m, Stephen Mouldin of CNL Financial Group acquired ground leases for the John C Lincoln Medical Plaza and the North Mountain Medical Plaza in the vicinity of the John C Lincoln Hospital in North Phoenix. The seller was a co-venture between Montecito Medical Operating Company and Harrison Street Real Estate, represented by Montecito’s Vice-President, Roger S Williams.
John C Lincoln Medical Plaza is a 51,097ft2 complex comprised of two buildings of 31,732 and 19,365 ft2, built in 1980 and 1986, respectively. The property is described as a sub-acute care facility.
