New Chapter for a Clinton, MD Healthcare Property

Two brick office buildings with cars and trees in front. — Two of the medical office buildings at Heritage Medical Park.

Exciting news in the healthcare real estate sector—Michael Isen and Michael DiMeglio have successfully brokered the sale of Heritage Medical Park in Clinton, Maryland. This prominent medical office park, located near MedStar Southern Maryland Hospital Center, consists of a total of 34,000 square feet in multiple buildings. It was 70% leased at the time of sale. The transaction closed at approximately $187 per square foot, highlighting the region’s bustling healthcare real estate market.

Strategically situated just minutes from one of the area’s leading hospitals, Heritage Medical Park stands as an essential provider of patient care for the southern Prince George’s County area. Michael Isen remarked on the transaction, “it reflects the robust demand for prime healthcare assets in Clinton’s medical office market.” Michael DiMeglio emphasized the property’s high-quality tenants made it an attractive investment opportunity. The new owners will enjoy the benefits of its established reputation and prime location.

This successful sale not only underscores the continued strength of the medical office sector but also showcases the expertise of Michael Isen and Michael DiMeglio in navigating healthcare real estate deals. As this new chapter unfolds, Heritage Medical Park is poised to continue its legacy as a cornerstone of healthcare in the community.