The Rochlin Organization (TRO), and Scout Healthcare Advisors (Scout), have facilitated the sale of three medical office building portfolio for $41.75 million located in Brooklyn, NY. Adam Rochlin of The Rochlin Organization, along with Ben Robinson of Scout Healthcare Advisors acted as exclusive advisors to the Seller. To date, the team of TRO & Scout have executed the sale of medical office building transactions in excess of $125 million, in the greater New York and tristate region.
The Brooklyn Portfolio consists of three medical office buildings that are 100% leased to a diverse and established mix of tenants with 83% credit tenants and remainder physicians practice groups. The credit tenants included UnitedHealth Care’s division ProHEALTH Medical Management LLC, a subsidiary of Optum,(Moody’s rated A3) and the Brooklyn based hospital, Maimonides Medical Center. (Moody’s rated Aaa)
This portfolio offered the Buyer a complementary and highly specialized practices housed within the properties creating an ecosystem for referrals amongst physicians that supports tenant retention. Specialties within the Portfolio include state-of-the-art imaging capabilities Cardiology Magnetic Resonance Imaging (MRI), Bone Densitometry, Digital Mammography, Computed Tomography (CT), PET CT Scan, Nuclear Medicine, Nuclear Cardiology, Magnetic Resonance Imaging (MRI), Ultrasonography and Diagnostics Radiology ,CMT, Diagnostics Cardiology; Echocardiography, Exercise Tolerance Testing, Carotid Artery Scanning, Arterial Duplex Studies, Venous Doppler Studies, Cardiac Implant Device Interrogation, Endoscopic Ambulatory Specialty Center, and an Article 28 Licensed ambulatory surgery center
For more information on this transaction and others, or if we can help with your healthcare real estate property requirement from transaction services, leasing, value enhancing to restructure the equity or debt stack, please contact us.
Adam E. Rochlin
The Rochlin Organization
401 broad hollow road, suite L1
Melville, New York 11747
main – 516.935.8300 x11
direct – 516.441.7373
Scout Healthcare Advisors
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