JV Snags 48K-SF Medical Office Building in Rhode Island

JV Grabs 48K-SF Medical Office Complex in Rhode Island

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Support Health and wellness Characteristics as well as joint venture partner The Carlyle Team have actually gotten a 48,000-square-foot clinical workplace building in the Divine superintendence submarket of East Greenwich, R.I.

Situated at 1454 South County Route, the two-story property was integrated in 2013 and is presently 100% inhabited by Life expectancy Wellness System, Rhode Island’s biggest health and wellness connect with eight medical facilities and even more than 24,000 employees. Services provided in the center consist of cardiology, pediatrics, primary treatment, and laboratory room.

Michael Greeley of Newmark stood for the seller, Albany Road Real Estate Allies, in the deal. Synovus Financial institution gave financial obligation financing services the joint endeavor. The sales rate was not divulged.

Get in touch with Newmark’s Greeley

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