May 31, 2023 (Danbury, CT) Lisa Menin of Jacobson Properties is pleased to announce the sale of Western Connecticut Medical Center South, a 39,566 square foot Class A medical office building located at 69 Sand Pit Road, Danbury, Connecticut. Western Connecticut Medical Center South was sold by Western Connecticut Medical Center South, LLP to an institutional healthcare real estate investor for a purchase price of $15,225,000.
An affiliate of Connecticut Eye Consultants leases the entire medical office building. Connecticut Eye Consultants is the dominant ophthalmology practice in Western Connecticut with 14 physicians practicing in 5 locations.
Western Connecticut Medical Center South is located in a major medical corridor and is situated less than 1 mile from Danbury Hospital.
In connection with the sale, the tenant executed a new long-term lease.
Lisa Menin of Jacobson Properties served as the 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 $765 million over the past few years. For additional information, please visit www.jacobsonproperties.net
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