– $23,250,000 Transaction –
(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Cleveland Clinic Outpatient Center located at 7337 NW Caritas Circle in Massillon, OH. The Medical Office Building is 54,600 square feet and was built in 2011. The anchor tenant is Cleveland Clinic which provides a wide range of services including Urgent Care, Imaging, Sports Medicine, Psychiatry, and Primary Care. Cleveland Clinic was ranked as the 2nd best Hospital System in the nation by U.S. New and World Report for 2021-2022.
“Fairfield Advisors worked closely with the seller to define a strategy that would ensure a successful transaction for this building.” said Greg Trainor, Managing Partner with Fairfield. “We were able to access our network of Funds that are looking for these types of assets to meet the seller’s expectations in terms of timing and overall valuation.”
Fairfield Advisors has closed on $831,000,000 of HealthCare Real Estate transactions.
Are you looking to sell or refinance your HealthCare Real Estate? Please contact Fairfield Advisors at (720) 984-9113 / gregt@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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