Coldwell Banker Commercial Caine Represented The Buyer of Eight Medical Offices for $17.6 Million
Coldwell Banker Commercial Caine’s David Sigmon, CCIM, SIOR, Matt Vanvick, CCIM, and Pete Brett, CCIM, represented a private investor in the off-market acquisition of an eight-property, fully leased medical office portfolio. The offices total 50,210 sq. ft. and the consideration for the sale was $17.6 million. The property closed on December 19, 2019.
The portfolio is leased to Blue Cross Blue Shield DBA Doctors Care, a provider of urgent care services throughout the state of South Carolina. This transaction was the largest of the year for Coldwell Banker Commercial Caine.