Wawecus Medical Center and 105 Wawecus St., Norwich, Conn. (Photo courtesy of Jacobson Properties)
Norwich, CT – Lisa Menin of Jacobson Properties, New York, and John LaBella of RE/MAX Right Choice, Trumbull, Connecticut are pleased to announce the sale of Wawecus Medical Center and 105 Wawecus Street in Norwich, Connecticut. The Class A medical office portfolio, which totals 56,265 square feet, was purchased by Griffin-American Healthcare REIT III, Inc., a real estate investment trust. Tenants include Yale Cardiovascular, Eastern Connecticut Endoscopy, Connecticut GI, and Norwich Ophthalmology.
About Jacobson Properties:
Lisa Menin of Jacobson Properties specializes in the sale of healthcare real estate nationwide. A former Wall Street attorney, Lisa has exclusively represented hospitals, developers and investors in the sale of their institutional grade medical assets and has represented buyers in nationwide property searches. She has a 30 year track record of completing complex and challenging deals and has personally closed transactions totaling in excess of $480 million over the past few years. Lisa can be reached by telephone at (212) 580-3136 and via email at LMenin@att.net.
About RE/MAX Right Choice:
John LaBella, a former hospital executive, is a commercial real estate broker specializing in healthcare related properties with RE/MAX Right Choice. John has over 15 years of experience as a commercial healthcare broker having transacted well over 100 sales and leases, representing hospitals, developers, physicians and leading national healthcare providers. John can be reached at Jslabella76@gmail.com or via telephone at (203) 260-7329.
About Griffin-American Healthcare REIT III, Inc.:
Griffin-American Healthcare REIT III, Inc. qualified to be taxed as a real estate investment trust for federal income tax purposes beginning with its taxable year ended December 31, 2014, and intends to continue to qualify to be taxed as a REIT. Griffin-American Healthcare REIT III invests in a diversified portfolio of healthcare real estate assets, focusing primarily on medical office buildings, hospitals, skilled nursing facilities, senior housing and other healthcare-related facilities. The REIT is co-sponsored by American Healthcare Investors and Griffin Capital Corporation. For more information regarding Griffin-American Healthcare REIT III, please visit www.HealthcareREIT3.com.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
