Home Industries Real Estate REIT sells two Milwaukee area Aurora medical clinics for more than $40...

REIT sells two Milwaukee area Aurora medical clinics for more than $40 million

The Aurora Health Center at N84 W16889 Menomonee Avenue in Menomonee Falls. Image from Google Maps
The Aurora Health Center at N84 W16889 Menomonee Avenue in Menomonee Falls. Image from Google Maps

In a $42 million deal, a Nashville-based real estate investment trust has sold two medical clinics in metro Milwaukee occupied by Aurora Health Care to another national investment company. Healthcare Realty Trust sold a Aurora Health Center building at 7878 N. 76th St. in Milwaukee for $11.2 million and a larger Aurora Health Center at

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Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
In a $42 million deal, a Nashville-based real estate investment trust has sold two medical clinics in metro Milwaukee occupied by Aurora Health Care to another national investment company. Healthcare Realty Trust sold a Aurora Health Center building at 7878 N. 76th St. in Milwaukee for $11.2 million and a larger Aurora Health Center at N84 W16889 Menomonee Ave. in Menomonee Falls for $30.8 million, according to state property records. The buyer of both properties was Dallas-based MedProperties, which owns medical real estate throughout the country. The Milwaukee property houses the offices of several Aurora specialists and the Menomonee Falls property is primarily an urgent care facility. In the second quarter, Healthcare Realty Trust sold off more than $180 million worth of assets, according to its second quarter earnings report. [caption id="attachment_617464" align="aligncenter" width="1280"] Aurora Health Center, 7878 N. 76th St., Milwaukee. Image from Google.[/caption]

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