Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Monday, June 24, 2013

BRES' Deal of the week - Mercy South

Block Healthcare Development recently closed on the sale of two Medical Office Buildings (MOB) in Des Moines, owned by Mercy South LLC.  Both buildings are 100% occupied and fully leased. 
Block Healthcare Development

Details of the Deal

Property Location: 6651 SW 9th Street  and 850 Dickman Road in Des Moines, IA
Total Square Footage: 31,725 SF
Buildings Sold For: $6.95M
Tenants: Mercy South I is occupied by Fresenius Medical Care and Mercy South II is occupied by Mercy Clinics. 

For more information on Medical Office Buildings contact:

Block Healthcare Development

Stephen Bessenbacher
Vice President
Block Healthcare Development


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