Fairfield Advisors announces sale of Northside Medical Office Building in Pell City, AL. – $9,340,000 Transaction
January 10, 2018 – (Denver, CO. and Birmingham AL. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Northside Medical Office Building located at 70 Plaza Drive in Pell City, AL. The medical building totals 30,000 square feet and was built in 2012. The medical building in anchored by Northside Medical Associates which is one of the premier multi-specialty medical practice groups in the Birmingham-area. Northside Medical Associates agreed to enter into a long term, NNN lease as part of the transaction. The Medical Building is located in close proximity to the Ascension St. Vincent’s Hospital
“This transaction is a good example of the strength of the Medical Building marketplace that currently exists”, said Greg Trainor, Managing Partner with Fairfield. “Fairfield worked closely with the seller of this Medical Building to enable them to take advantage of the market conditions. These types of Medical Buildings are drawing significant interest from a wide range buyers”.
Fairfield Advisors has closed on over $328,000,000 of HealthCare Real Estate transactions.
ABOUT FAIRFIELD ADVISORS
Fairfield Advisors is a national Advisory firm that provides a wide range of Capital Advisory solutions for the HealthCare Real Estate marketplace.
Fairfield Advisors works directly with owners of HealthCare Real Estate for the sale of assets as well as sourcing capital for Debt, Equity, and Development.
Fairield Advisors works directly with Capital Sources to manage highly targeted campaigns to increase Deal Flow based on specific criteria such as geography, tenancy, and deal size.
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