Vehicle VIII
Glendale, Arizona
Arrowhead Medical Plaza I
Arrowhead Medical Plaza I
Total Square Footage: 34,172 SF
Acquisition Date: April 2020
Unrealized
Altera purchased Arrowhead Medical Plaza I in February 2025. The property is adjacent to Abrazo Arrowhead Campus and Phoenix Children’s Hospital Arrowhead Campus. Abrazo Arrowhead, a Tenet Health affiliate, occupies ~6,000 SF of the property.
Arrowhead Medical Plaza II
Arrowhead Medical Plaza II
Total Square Footage: 45,964 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Arrowhead Medical Plaza II in February 2025. The property is adjacent to Abrazo Arrowhead Campus and Phoenix Children’s Hospital Arrowhead Campus. Abrazo Arrowhead, a Tenet Health affiliate, occupies 40% of the property.
Paradise Valley MOB
Paradise Valley MOB
Total Square Footage: 104,525 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Paradise Valley MOB in February 2025. The property is adjacent to Abrazo Scottsdale Hospital Campus.
Palm Valley MOB
Palm Valley MOB
Total Square Footage: 37,416 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Palm Valley MOB in February 2025. The property is located on the West Valley Abrazo Hospital Campus.
Oak Lawn Medical Center
Oak Lawn Medical Center
Total Square Footage: 26,324 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Oak Lawn Medical Center in February 2025. The property is occupied by Advocate Health, a credit tenant with a strong national presence.
Gateway MOB
Gateway MOB
Total Square Footage: 90,435 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Gateway MOB in February 2025. The property is adjacent to Tennova Clarksville Health Facility and houses Tenova Healthcare, Quest Diagnostics, and Vanderbilt University Medical Center as tenants.
Craig Ranch Medical Pavilion
Craig Ranch Medical Pavilion
Total Square Footage: 113,171 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Craig Ranch Medical Pavilion in February 2025. Common Area and Second Floor Renovations will be complete in 2026, and McKinney is a high growth DFW Metroplex market.
Pioneer Northampton
Pioneer Northampton
Total Square Footage: 10,563 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Pioneer Spine and Sports Physician’s Northampton facility in February 2025.
Pioneer Springfield
Pioneer Springfield
Total Square Footage: 11,000 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Pioneer Spine and Sports Physician’s Springfield facility in February 2025.
Pioneer West Springfield
Pioneer West Springfield
Total Square Footage: 15,000 SF
Acquisition Date: February 2025
Unrealized
Altera purchased Pioneer Spine and Sports Physician’s West Springfield facility in February 2025.