Denver CO & Houston TX / PR Newswire (June 6, 2013) – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Memorial Hermann Medical Office Building located at 14201 E Sam Houston Parkway in Houston. The Memorial Hermann Health System is the largest not-for-profit Health System in the State of Texas. The Hospital, which is on a 10 year lease, performs a wide range of functions at the medical office building including a 24-hour Emergency Room, Imaging, Primary Care and Outpatient Services.
“This successful closing of this transaction shows the strength of Fairfield’s national platform for the sale of HealthCare Real Estate”, said Greg Trainor, Managing Partner with Fairfield. “The seller had unsuccessfully attempted different processes for the sale of the asset. With Fairfield, the seller was able to achieve the desired sale price with a truly vetted buyer that closed the transaction in a short time period”. Fairfield Advisors has closed over $20,000,000 of Medical Office Building Transactions in the last 30 days.
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