@BlockRes #CRE Deal of the week - MOB Portfolio Investment

Stephen Bessenbacher, Brian Beggs and Stephen Block closed on a portfolio acquisition for several medical office buildings in both Massillon, Ohio and Elizabethtown, Kentucky.

Details of the Deal:

Location:

• Building 1: 7337 Caritas Circle, NW Massillon, Ohio
• Building 2: 1324 Woodland Drive Elizabethtown, Kentucky

Square Footage: Portfolio totals 70,000 SF
Tenant:  Multiple tenants
Total Deal Amount: $19M
Seller: Multiple sellers
Buyer: ME Associates, LLC and ME Ohio, LLC

For more information on Healthcare Sales or Development contact:

Stephen Bessenbacher
Vice President
Block Healthcare Development

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