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Woodside Health Development, LLC purchased Paradise Valley Plaza, a three-building, 100.2k sf multi-tenant office and medical complex in Phoenix, for $20.9 mil ($208/sf). Headquartered in Cleveland, OH, Woodside Health is a private equity firm that invests in the healthcare real estate sector.

Located at 5010, 5020 and 5040 E Shea Blvd, the suburban property is 95% leased to a diverse tenant mix of 50% office and 50% medical/wellness tenants. The low-rise property features unique and desirable architecture with large portions of ‘drive-up’ exterior loading suites, interior and outdoor courtyards, breezeways, and balcony spaces.