– $15,488,000 Transaction –
Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale the Sanford Health Medical Office Building located at 2801 University Dr S in Fargo, ND.
The building totals 54,664 square feet. This single-tenant medical office building is occupied by Sanford Health (AA-) under a long-term lease. Service provided at this location include dialysis, primary care, imaging and pediatrics.
“The long-term NNN lease with the market dominant health system makes this an attractive investment for the Buyer” said Ben Whitney, Senior VP of Fairfield Advisors. “We worked with all parties involved through the due diligence period to ensure a smooth and timely closing”.
Fairfield Advisors has closed on $1.24B of HealthCare Real Estate transactions.
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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