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Marcus & Millichap brokers USD 8.81 million sale of Covington, Louisiana medical office property

PUBT·07/23/2026 22:22:36
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Marcus & Millichap brokers USD 8.81 million sale of Covington, Louisiana medical office property
  • Marcus & Millichap brokered the sale of a 10,690-square-foot medical office property in Covington, Louisiana for USD 8.81 million.
  • The newly built cardiovascular surgery center was completed in 2025, priced at USD 824 per square foot, fully leased under a long-term triple-net structure.
  • Montecito Medical bought the asset from investor-physicians affiliated with the tenant, Cardiovascular Specialty Care Center.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.