News Release: Just Closed 15-Year Net Lease Outpatient Medical Building Operated by Market-Leading Surgical Practice New England Orthopedic Surgeons

CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of New England Orthopedic Surgeons MOB (the “Property”) located in Springfield, MA. Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse Greshin acted as the seller’s exclusive advisors.The 61,321 square foot, three-story outpatient medical was constructed in 2002 and is strategically located across from the Baystate Orthopedic Surgery Center and Baystate Medical Center.  The property benefits from a strong cross referral network with the health system, the largest healthcare organization in western Massachusetts. The facility features a full complement of medical imaging and complimentary physical therapy serviced by ATI, and primary care operated by Chestnut Medical Associates, a dominant regional physician group that has been caring for the Springfield community since 1985.

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