Vehicle V
Desert Life Medical Plaza
Desert Life Medical Plaza
Total Square Footage: 56,000 SF
Acquisition Date: DECEMBER 2023
Unrealized
Altera purchased Desert Life Medical Plaza as part of a four-property portfolio in Tucson, AZ. Desert Life consists of six separate buildings situated around a central courtyard. The Medical Plaza is located on the Northwest Medical Campus.
La Cholla Medical Plaza
La Cholla Medical Plaza
Total Square Footage: 55,000 SF
Acquisition Date: DECEMBER 2023
Unrealized
Altera purchased La Cholla Medical Plaza as part of a four-property portfolio in Tucson, AZ. La Cholla is located adjacent to the Northwest Medical Center campus. With approximately $1,000,000 of capital already contributed, La Cholla is a desired destination by both tenants and patients.
Gateway Medical Plaza
Gateway Medical Plaza
Total Square Footage: 60,000 SF
Acquisition Date: DECEMBER 2023
Unrealized
Altera purchased Gateway Medical Plaza as part of a four-property portfolio in Tucson, AZ. Situated on the Northwest Medical Campus, Gateway Medical Plaza is the gold standard of medical outpatient facilities in the Tucson market. The Hospital & Tucson Orthopedic, the largest ortho group in Tucson, occupy 100% of the building.
Academy Medical Center
Academy Medical Center
Total Square Footage: 44,000 SF
Acquisition Date: DECEMBER 2023
Unrealized
Altera purchased Academy Medical Center as part of a four-property portfolio in Tucson, AZ. The property consists of four multi-tenant buildings. The Academy buildings are currently undergoing extensive capital improvements to bring the buildings to market standard and generate leasing velocity in the East of Tucson. Plans have been established to bring the vacant surgery center to code, allowing for use-free tenancy adjacent to the hospital campus.