News Release: $13,000,000 Medical Office Building Sale (Akron, Ohio)

Fairfield Advisors announces sale of 4 Medical Office Buildings / Surgery Center in Akron, Ohio

– $13,000,000 Transaction –

(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio in the Akron, Ohio area. The 4 Medical Office Buildings total 41,000 square feet and include a high-volume Surgery Center. The anchor tenant in the buildings is Northeast Ohio Eye Surgeons which is one of most well-established Ophthalmology practices in the region. Northeast Ohio Eye Surgeons is part of Midwest Vision Partners which consists of 11 Ophthalmology practices across Ohio and Michigan.

“Fairfield Advisors worked closely with the tenant to modify their leases in these 4 buildings in order to maximize the proceeds for this transaction.” said Greg Trainor, Managing Partner with Fairfield. “There are a wide range of buyers that are actively looking to acquire these types of Medical Office Buildings and Surgery Centers. The eventual transaction amount exceeded the expectations of the sellers.”

Fairfield Advisors has closed on $601,000,000 of HealthCare Real Estate transactions.

Are you looking to sell or refinance your Medical Office Building ? Please contact Fairfield Advisors at (720) 984-9113 / benw@fairfieldadv.com

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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