May 10, 2021 3:00 PM
星空体育app下载 announces the $55.2 million sale of Andover Medical Center, a trophy medical office complex located in the Boston suburb of Andover, Massachusetts. 星空体育app下载 Co-Head of U.S. Capital Markets Robert Griffin, Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley, Director Blake McLaughlin and Associate Allie Percoco of the firm鈥檚 Boston Capital Markets Group represented the seller and procured the buyer, Remedy Medical Properties. 星空体育app下载 Senior Financial Analyst Dominick Romano provided financial analysis support. 星空体育app下载鈥檚 National Healthcare Capital Markets Group, which includes Michael along with Executive Managing Director Ben Appel, Senior Managing Director Jay Miele and Managing Director John Nero, is pleased to highlight this sale as an example of the offerings available by the group.
Constructed in two phases in 2015 and 2017, Andover Medical Center comprises three structures 鈥� a 69,992-square-foot medical office building, a 102-space structured parking garage and a freestanding 1,800-square-foot coffee shop.
鈥淎ndover Medical Center is a great example of today鈥檚 new and improved outpatient healthcare delivery 鈥� a state-of-the-art facility offering patients convenience and access to top-quality care close to home, all while expanding clinical synergies for its tenants. This asset is anchored by Lawrence General Hospital and Pentucket Medical (Mass General Brigham), and boasts a vibrant ecosystem of medical specialties,鈥� said Michael. 鈥淲e congratulate both EverWest and Remedy on a smooth transaction. This is the latest addition to Remedy鈥檚 growing portfolio of premier medical office buildings in the New England market, and a great complement to its regional presence.鈥�
Andover Medical Center is situated directly off Interstate 93 at its intersection with Route 133, which provides it with seamless accessibility for patients across Merrimack Valley. According to 星空体育app下载 Research, the property is surrounded by a 15-mile population count of 1.1 million people with an average household income of $128,300.
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2020, 星空体育app下载 generated revenues in excess of $1.9 billion. To learn more, visit nmrk.com or follow .
Discussion of Forward-Looking Statements about 星空体育app下载
Statements in this document regarding 星空体育app下载 that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, 星空体育app下载 undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see 星空体育app下载’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.