March 24, 2023 (Albany, New York) Lisa Menin of Jacobson Properties is pleased to announce the sale of the St. Peter’s Health Partners Medical Office Building, a 17,380 SF square foot Class A medical office building located at 1444 Western Avenue in Albany. The St. Peter’s Health Partners Medical Office Building was sold by 4 limited liability companies to a national healthcare real estate investment trust for $5,174,983.
St. Peter’s Health Partners Medical Office Building is fully occupied by St. Peter’s Health Partners (Trinity Health). The building is strategically located within 3 miles of St. Peter’s Hospital. The State University of New York (SUNY) at Albany and SUNY Albany Polytechnic Institute are situated within 1.5 miles of the medical office building.
Lisa Menin served as exclusive advisor to the Seller.
About Jacobson Properties:
Lisa Menin of Jacobson Properties specializes in the sale of institutional grade healthcare real estate nationwide with a focus on Upstate New York and the Greater Northeast. A former Wall Street attorney, Lisa exclusively represents hospitals, physicians, and developers in the sale of their high-quality medical assets and is an expert at re-structuring medical properties in preparation for sale. Lisa has a 37-year track record of completing complex and challenging deals and has personally closed transactions totaling in excess of $750 million over the past few years. For additional information, please visit www.jacobsonproperties.net
Lisa Menin
Jacobson Properties
150 Columbus Avenue
Suite 8A
New York, New York 10023
212 580 3136 (Office)
917 449 3039 (Cell)
212 580 9592 (Fax)
LMenin@JacobsonProperties.net
LIC#31ME0642655
www.jacobsonproperties.net
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