Fairfield Advisors announces sale of Des Peres Square Surgery Center and Medical Office Building in St. Louis.
– $19,900,000 Transaction –
(Denver, CO. and St. Louis MO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Des Peres Square Surgery Center and Medical Office Building. The building is located and 1050 Old Des Peres Rd. in St. Louis, MO. The anchor tenant in the building is Orthopedic Associates which is one of the leading orthopedic groups in St. Louis. The other main tenant is the Des Peres Surgery Center which joint venture between the orthopedic physicians and United Surgical Partners (USPI). The SSM Hospital System is a tenant as well.
“We are thrilled to complete this transaction working in close coordination with the seller of the building. “said Greg Trainor, Managing Partner with Fairfield. “The physician group had owned this Surgery Center/Medical Building for a number of years. Fairfield was able to working with them to establish new, NNN leases for all of the tenants. This enabled the sellers to take advantage of the current market conditions in monetizing the real estate”
Fairfield Advisors has closed on $499,000,000 of HealthCare Real Estate transactions.
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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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