Fairfield Advisors announces sale of Northside Medical Office II in Pell City, AL.
– $15,800,000 Transaction –
(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 II located at 74 Plaza Drive in Pell City, AL. The medical building totals 50,469 square feet and was built in 2017. Northside Medical, a multi-specialty practice, is the anchor tenant in the 100% occupied building along with a range of well-established physician practices.
“This is the 2nd Medical Office that Fairfield has transacted on for this physician group”, said Greg Trainor, Managing Partner with Fairfield. “The physician group made a strategic decision to monetize their real estate holdings in order to to take advantage of the current market conditions.”
Fairfield Advisors has closed on over $365,000,000 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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