Healthcare Realty has picked up two fully leased medical outpatient buildings in Summerville, South Carolina, along with an undeveloped site in Chapel Hill, North Carolina, in a deal that puts fresh capital behind the Carolinas' growing outpatient healthcare market. The buyer paid Hammes $56 million for the package, according to figures reported by one outlet, though a separate report put the sales price at $58 million.
A Fully Leased Summerville Package
The acquisition, first detailed by CommercialSearch, includes two existing Summerville properties totaling approximately 120,000 square feet. Newmark, which arranged the transaction and advised seller Hammes, described the centerpiece as Summerville Medical Campus, a nearly 100,000-square-foot, multi-tenant medical office building anchored by the Medical University of South Carolina, according to Newmark.
The second Summerville asset, Charleston Surgery Center, spans 22,261 square feet and is fully leased to a joint venture led by SCA Health, per the same Newmark release. Together, the two Summerville properties carry a weighted average lease term of about seven years with fixed annual rent escalations, and both are 100% leased.
Interstate Access and a Nearby Hospital
Charleston Surgery Center sits near U.S. Route 17 with access to Interstate 26, and Roper St. Francis Berkeley Hospital is located about four miles away, Newmark's release notes. The surgery center was developed in 2019 on 2.5 acres.
The portfolio sale also folds in an undeveloped parcel at 5936 Farrington Road in Chapel Hill, which is entitled for a six-story medical and office building with a structured parking garage. The planned facility there would run 168,000 square feet once built, according to the Newmark release.
Newmark's Team and a Busy Buyer
Newmark's advisory team on the deal included U.S. Medical Office Capital Markets Co-Heads Ben Appel, Jay Miele and Justin Shepherd, alongside Head of Healthcare Debt John Nero, Senior Managing Director Michael Greeley and Associate Director Ron Ott, the firm said.
The Carolinas purchase lands amid a broader buying spree for Healthcare Realty. The company had closed or was under contract or letter of intent to acquire approximately $200 million in assets through its joint venture with KKR, according to its second-quarter results as reported by CommercialSearch. In July, the company also acquired Greenwich Medical Center at Holly Hill in Greenwich, Connecticut, a 106,092-square-foot Class A outpatient campus anchored by Yale New Haven Health and Stamford Health.
A Market Still Drawing Investor Interest
The activity comes as medical office investment volume totaled $10.6 billion in 2025, down 12 percent year-over-year, per CommercialSearch's reporting. Even so, capital has increasingly targeted medical office buildings, outpatient surgery centers and properties tied to high-acuity services, according to Colliers. The firm's own research describes the broader healthcare real estate outlook as cautiously optimistic, noting that investor interest remains high even as opportunities stay limited, a dynamic Colliers ties to an aging population that will keep pushing demand for medical services higher.
