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.

Tuesday, October 22, 2013

BRES' Deal of the week - Northwest Arkansas Medical, LLC

Stephen Bessenbacher, Stephen Block and Brian Beggs of Block Real Estate Services, LLC. (BRES) bought a $3.5M medical office complex in Springdale, Arkansas.

Block Healthcare Development       
Block Healthcare Development

Details of the Deal:

Square Footage:  Building 1- Westside is on 1.73 acres and a total of 8,410SF. Building 2 - Eastside is on 1.07 Acres and a total of 3,752 SF

Price: BRES bought the two buildings  for approximately $3.5 Million

Location: Northwest Family Care Westside and Northwest Family Care Eastside are both located in Springdale Arkansas.  Northwest Family Care Westside location is at 3875 W. Sunset Ave, Springdale, AR (Building 1) and the Eastside location is at 2060 Orchard Street, Springdale, AR (Building 2)

More details about the properties:
Both medical office buildings serve as primary care clinics for Northwest Arkansas Hospitals. Each location was selected by the health system as areas within the community that serves their patient population. Each of the medical office buildings are within 2.5 miles of Northwest Medical Center-Springdale, a 222-bed acute care facility.

For more information on healthcare sales contact:
Block Healthcare Development

Stephen Bessenbacher
Vice President
Block Heathcare Development

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