RX Health & Science Trust and Transwestern sold Copper Point, a 92,109-square-foot, fully leased medical office building located at 3530 S. Val Vista Drive in Gilbert, Arizona.

Travis Ives, Gino Lollio, and Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets Team represented the sellers. The asset was acquired by Fidelity Investments.

Copper Point is a three-story, Class A medical outpatient building anchored by City of Hope, a premier oncology provider that has made a significant capital investment in the property, including the installation of a linear accelerator to deliver advanced radiation therapy services.

Located directly across from the 292-bed Dignity Health Mercy Gilbert Medical Center, Copper Point offers tenants and patients immediate access to a major regional healthcare hub.

This transaction marks the second medical office sale in the Phoenix market this month by Cushman & Wakefield’s Healthcare Capital Markets Team, following the recent closing of Stapley Medical Center in Mesa, a transaction in which RXHST served as the buyer.

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