Phoenix (January 30, 2026) – CBRE facilitated the sale and financing of Halsted Medical Plaza, a 28,069-square-foot medical outpatient building (MOB) located at 1725-1727 W. Frye Road in Chandler, Arizona, to Coast Income Properties, Inc.
Chris Bodnar, Brannan Knott, and Cole Reethof of CBRE U.S. Healthcare Capital Markets group partnered with Philip Wurth of CBRE’s Phoenix Healthcare Leasing team to act as the exclusive advisors to the seller. Additionally, Zack Holderman and Jesse Greshin of CBRE’s U.S. Healthcare Debt & Structured Finance team, along with Amber Coleman from CBRE’s Phoenix Office, arranged the bank acquisition financing for the purchaser.
Halsted Medical Plaza, constructed in 2008, sits directly adjacent to Chandler Regional Medical Center (CRMC), a regionally dominant hospital with a 34% acute care market share within a 10-mile radius. CRMC has demonstrated strong growth, completing its second major expansion in 2021 by adding 96 beds and 1,100 parking spaces. Halsted Medical Plaza is anchored by Dignity Health, an affiliate of CommonSpirit Health, which performs high-acuity services and recently expanded its premises to offer fetal diagnostics…