1532–1534 Park Avenue, Quakertown, Pennsylvania | $10,625,000
A two-building medical campus fully occupied by St. Luke’s Bone and Joint Institute sold for $10.625 million in Bucks County.
The St. Luke’s Bone and Joint Institute property is best understood as a connected outpatient hub rather than two separate buildings. Together, the facilities total approximately 39,000 square feet and support orthopedic evaluations, surgical planning and rehabilitative care.
Both buildings are fully occupied by St. Luke’s Bone and Joint Institute, part of St. Luke’s University Health Network. The Quakertown location extends the system’s reach in Bucks County and gives patients access to a range of musculoskeletal services in one established medical corridor.
Zeustra advised the ownership on the sale and facilitated the transaction at $10.625 million. The two-building format gave buyers a combination of campus scale and single-system occupancy, while the clinical use tied the real estate to an expanding regional healthcare network.
For owners evaluating a medical portfolio, this closing shows how adjacent buildings can be marketed as a unified care location when their tenancy and operations support that interpretation. Presenting the properties through the lens of how patients and providers actually use them can give investors a clearer understanding of long-term relevance.
Considering a sale of physician-owned or healthcare real estate? Contact Zeustra to discuss valuation, timing and the buyer strategy for your property.
Corey Martier | EVP | 717-433-7475 | [email protected]
