A 99,000-square-foot medical office building on Dignity Health’s Mercy San Juan Medical Center campus has sold, partly to facilitate restructuring of Dignity’s lease there. According to Colliers International Sacramento, 6555 Coyle Ave. in Carmichael sold Oct. 30 to New York City-based Blue Sky Real Estate Services and Development. The purchase price was not available, but sales documents indicate Blue Sky received a $40 million mortgage in connection with the sale.
Part of Dignity Carmichael campus sold with $40 million mortgage
Related Experts
I have spent the last 35 years immersed in the commercial real estate industry with the last 15 specializing in the medical community. Throughout this time, I have developed my expertise in the planning, leasing and sale of office buildings and land throughout Northern California and abroad. In addition to direct experience working alongside office developers to assist with highest and best use, I provide foresight and ingenuity to portfolio optimization, process standardization, risk mitigation, and financial analysis.
As an experienced transaction manager, I have found the key to a successful plan is through a team-based approach - collaborating with experts from varied specialties including coordinating with local construction consultants ensures the presence of expertise within critical components for a successful facilities strategy,
My goal within every interaction is to marry my client’s desires with my real estate knowledge to achieve success. This client-focused approach has earned me a solid reputation for creating value and defining risk for both tenants and ownership alike.
I served as a pilot in the US Air Force for 7 years before moving to commercial airlines for 8 years. Sacramento has been home for my wife and two children for the better part of three decades. In my free time I enjoy family, friends and a round of golf.
As member of the Northern California Healthcare Advisory Group (NCHAG), I specialize in providing real estate solutions for local and national medical groups. Medical office buildings (MOB) are far more nuanced than traditional office buildings and the needs of MOB users are intricate and specific. My clients partner with my group because they have confidence in on our up-to-date knowledge of state & federal regulations, healthcare trends, and awareness of the inherent risks that are unique to medical real estate. I pride myself as a student of the healthcare industry to stay abreast of the changes in regulations and impacts that the healthcare industry has on the medical real estate market.
I began my real estate career with C. Strain Corporate Real Estate which was acquired by Cushman & Wakefield in 2007. My experience throughout my tenure has included landlord & tenant representation, and the disposition and acquisition of office and flex investment properties on behalf of owner/users and institutional clients.
Outside of Colliers, I enjoy playing soccer, practicing photography, and spending time with my wife and two beautiful daughters.