Press Releases
Marcus & Millichap Brokers $18.7M Sale of Medical Campus in Wichita, Kansas
January 05, 2026
WICHITA, Kan., Jan. 5, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a cardiology medical office building in Wichita, Kansas, for $18,655,000.
“Our exclusive listing process, combined with deep experience working with physician-led ownership groups, was critical in positioning Heartland Cardiology’s medical office building to the right buyer pool, protecting deal certainty and achieving strong value in the sale,” said Spencer Koch, Director Investments. “Working with a sophisticated, physician-led ownership group, the team aligned the property’s unique clinical strengths with the right institutional partner, resulting in a smooth closing process and favorable terms for all parties.”
Koch, Christopher Biuso, Rory Shelby and Scott Gould, in association with Colby Haugness, Marcus & Millichap’s broker of record in Kansas, represented the seller and procured the buyer.
The property is located at 3535 N. Webb Road on approximately 4.9 acres. The asset includes a 40,912-square-foot medical office building occupied by Heartland Cardiology and serves a growing health care corridor near Wichita State University and several major regional hospitals.
“Our exclusive listing process, combined with deep experience working with physician-led ownership groups, was critical in positioning Heartland Cardiology’s medical office building to the right buyer pool, protecting deal certainty and achieving strong value in the sale,” said Spencer Koch, Director Investments. “Working with a sophisticated, physician-led ownership group, the team aligned the property’s unique clinical strengths with the right institutional partner, resulting in a smooth closing process and favorable terms for all parties.”
Koch, Christopher Biuso, Rory Shelby and Scott Gould, in association with Colby Haugness, Marcus & Millichap’s broker of record in Kansas, represented the seller and procured the buyer.
The property is located at 3535 N. Webb Road on approximately 4.9 acres. The asset includes a 40,912-square-foot medical office building occupied by Heartland Cardiology and serves a growing health care corridor near Wichita State University and several major regional hospitals.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
