National net lease and sale-leaseback advisory group Stream Capital Partners has arranged the sale and leaseback of a 20,000-square-foot medical office facility in Hartford, CT. The sales price was not disclosed.
The facility, a licensed ambulatory surgery center, houses a climate-controlled in-vitro fertilization lab as well. Chelsea Mandel of Stream represented the undisclosed seller in the transaction.
“This is a very important facility, and I’m glad we were able to be a part of this transaction,” said Mandel. “My client will use the proceeds from the sale to facilitate the company’s growth and expansion plans. The buyer is adding to its medical real estate portfolio a mission-critical asset leased on a long-term basis to a world-class operator in the fertility market.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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