Expanding our investments in metropolitan Detroit
Minneapolis, Minn. – July 7, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the Health Center located at 67267 Main Street in Richmond, Michigan. The 21,500 SF MOB was built in 2017 on a 5.5 acre parcel conveniently located in the retail hub of Richmond. The Health Center provides adult and pediatric primary care, same-day care, and specialty services including imaging and laboratory services to the community, in a one-stop, convenient location.
“We are excited to have invested in the Detroit metropolitan area with two healthcare facility acquisitions already completed this year and participating in the continued Detroit renaissance. Michigan is near and dear to my heart as it is my home state and we look forward to making additional investments and expanding our local portfolio,” stated Jay Soave, Principal, MedCraft Investment Partners.
The transaction closed on June 9, 2022 at an undisclosed price.
About MedCraft Investment Partners, LLC
MedCraft Investment Partners (MIP) is a unique investment platform built on integrity and decades of proven healthcare real estate expertise with customized client-driven solutions in developing, acquiring and managing health care facilities. We help identify, plan, and structure partnerships that result in greater economic value – while guiding against missteps that are commonly encountered along the way. For more information, please visit www.MedCraftIP.com.
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