News Release: Fairfield Advisors announces sale of Cloverleaf Medical Office Building in Meriden, CT.

– $3,000,000 Transaction –

(Denver, CO. and Hartford, CT.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Cloverleaf Medical Office Building in Meriden, Connecticut. The building totals 19,500 square feet and is located at 1064 East Main Street in Meriden which is in the Hartford-MSA. The anchor tenant in the Medical Building is Hartford Health which is the 2nd largest hospital system in Connecticut and is affiliated with the University of Connecticut Health System.

“The long-time owner of this Medical Office Building chose to work with Fairfield Advisors in order monetize the asset and take advantage of the current market conditions,” said Ben Whitney, Senior Analyst with Fairfield. “Fairfield managed a focused campaign in order to bring the right buyer to the transaction based on the size, location, and tenancy of the MOB. The final result exceeded the expectations of the sellers.”

Fairfield Advisors has closed on $551,000,000 of HealthCare Real Estate transactions.

Looking to sell or refinance your HealthCare Real Estate ?

www.fairfieldadv.com – benw@fairfieldadv.com – (207) 776-1375

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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