Monday, July 29, 2024 10:01 AM
$10,500,000 Medical Office Sale – Fairfield Advisors announced that it has facilitated the sale of the Acadia Health Medical Office Building in Reading, PA. The Medical Building is 30,000 square feet and was built in 2020. The anchor tenant in the building is Acadia Health which is the largest stand-alone Behavioral Health system in the US with 253 locations serving 75,000 patients daily. The Medical Building is located on the campus of the Acadia Health Behavioral Hospital. The Fairfield advisory team was lead by Ben Whitney and Greg Trainor
“The significant growth in the requirement for behavioral health services has correlated into the development and demand for these types of Medical Buildings.” said Greg Trainor, Managing Partner. “Given the financial strength of the tenant and the in place, long-term lease, this will be an excellent investment for the new owners.”
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.
- Fairfield 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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