RX Health & Science Trust and Transwestern have completed the sale of Copper Point, a 92,109-square-foot medical office building in Gilbert, Arizona. The fully leased property is located at 3530 S. Val Vista Drive and was acquired by Fidelity Investments, according to Cushman & Wakefield.
Copper Point is a three-story, Class A medical outpatient facility. The building is anchored by City of Hope, described as a premier oncology provider. City of Hope has made a significant capital investment in its space at the property, including the installation of a linear accelerator to provide advanced radiation therapy services on site. The specialized equipment underscores the building’s role as a destination for oncology care in the local market.
The medical office building is situated directly across from the 292-bed Dignity Health Mercy Gilbert Medical Center. This location offers tenants and patients immediate proximity to a major regional healthcare hub, positioning Copper Point as part of a broader cluster of healthcare services in Gilbert. The combination of a fully leased, Class A medical office building with a high-profile oncology anchor and adjacency to a large acute-care hospital highlights the property’s strategic healthcare positioning.
The sellers, RX Health & Science Trust and Transwestern, were represented in the transaction by Cushman & Wakefield’s Healthcare Capital Markets Team. The team included Travis Ives, Gino Lollio, and Tyler Morss, who provided investment sales services on behalf of the ownership.
Cushman & Wakefield noted that this deal is the second medical office sale the firm’s Healthcare Capital Markets Team has closed in the Phoenix market this month. It follows the recent sale of Stapley Medical Center in Mesa, a separate transaction in which RX Health & Science Trust served as the buyer. Together, these transactions illustrate ongoing investment activity in the region’s healthcare real estate sector, particularly in well-located, institutional-quality medical office assets.
