$19,550,000 Sale
Denver CO & Fredericksburg VA / PR Newswire (June 2, 2014) – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Lee’s Hill Medical Office Plaza located at 10401 Spottsylvania Avenue in Fredericksburg, Virginia. Lee’s Hill is a 75,000 square foot Medical Building located between the two major hospitals in Fredericksburg. The building is anchored by one of the local hospitals and an established physician group.
“The successful closing of this sale is a good example of how the marketplace has grown for Medical Office Building transactions.”, said Greg Trainor, Managing Partner with Fairfield. “There have been a lot new funds coming into the HealthCare Real Estate market looking for opportunities. Fairfield was able to utilize a strategically focused marketing campaign to achieve the desired results of the seller. Fairfield was able to act in a Advisory capacity in defining a strategy to make sure the Medical Building was correctly positioned in order to maximize proceeds”. Fairfield Advisors has closed over $124,000,000 of HealthCare Real Estate Transactions in the last 11 months.
About Fairfield Advisors
Fairfield Asset Advisors is a national leader in providing a wide range of Advisory Services to the HealthCare Real Estate Marketplace. Fairfield works directly with owners of HealthCare Real Estate for the sale of assets as well as for the sourcing of capital for debt, equity, and recapitalizations. Fairfield works directly with Capital Sources to manage highly targeted campaigns to provide Deal Flow based on specific criteria including Geography, Deal Size, Asset Type, Tenants, and Loan Status.
For More Information please contact:
Greg Trainor
(720) 984-9113
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