Kidder Mathews represented the owner in the sale of a 6,403 SF, 24/7 veterinary hospital in Scottsdale, Arizona, marking the first transfer of ownership in more than 45 years.
Challenge
Owned by the same family since 1980, the VCA McCormick Ranch Animal Hospital & Emergency Center is one of Arizona’s most recognized veterinary facilities. The asset had drawn long-standing interest from the market, with 29 brokers and direct buyers pursuing the opportunity over time. The family, acting through its trustee, sought an advisor who could navigate a crowded field, steward a generational asset, and execute a sale that accurately reflected its position within the healthcare real estate market.
Strategy
Daniel Solomon was selected to represent the seller based on his specialization in healthcare real estate and his experience advising on veterinary and medical property transactions for private, institutional, and 1031 exchange investors nationwide.
The marketing strategy centered on the property’s mission-critical operations, 24/7 emergency and referral services, American Animal Hospital Association accreditation, and the credit strength of VCA—backed by Mars, Incorporated following its $9.1 billion acquisition in 2017. Solomon also positioned the asset within one of the most affluent pet-owning markets in the country and highlighted Scottsdale’s role in the rapidly expanding Phoenix metro, where healthcare assets continue to attract sustained investor demand.
Results
The property successfully traded hands for the first time in more than 45 years, marking the conclusion of original ownership while ensuring the continued operation of a cornerstone veterinary facility. The sellers shared that the transaction exceeded their expectations in both execution and outcome, reinforcing the value of specialized healthcare advisory expertise.
