Fairfield Advisors announces sale of Indian River Medical Center in Sebastian, FL.
– $10,625,000 Transaction –
January 22, 2018 – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Indian River Medical Center located at 801 Wellness Way in Sebastian, FL. The medical building totals 34,681 square feet and was built in 2008. The medical building is anchored by the Indian River Memorial Hospital and Vero Orthopedics. All of the tenants in the Medical Building agreed to execute new, NNN leases as part of the sale transaction.
“With new leases in place, the owners of this Medical Building were able to take advantage of the current market conditions in order to complete this transaction”, said Greg Trainor, Managing Partner with Fairfield. “Fairfield managed a competitive process for the owners which resulted in several different offers on the building. The results more than achieved the requirements of the sellers.”
Fairfield Advisors has closed on over $340,000,000 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
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