— Transaction Summary —

Transaction Value: $2,350,000

Highlights: Achieved 100% of list price within one week of marketing. Structured and negotiated a 15-year, absolute triple-net sale-leaseback. Health system and private practice joint-venture.

Property Components: Ambulatory Surgery Center

Buyer: HG Real Estate Partners, Inc. (HG) Seller: Physician Partnership

— Tenant DETAIL—

The West Central Surgical Center of Toledo is a joint-venture between Comprehensive Centers for Pain Management and ProMedica Toledo Hospital. This location serves as Comprehensive Centers for Pain Management’s primary surgery center and is led by six market leading providers.

— Transaction DETAIL—

HG Real Estate Partners purchased the West Central Surgical Center on an abbreviated timeline while structuring a 15-year, absolute triple-net lease that was executed upon the close of escrow. The subject property is strategically located off of Highway 20, supporting the thesis that healthcare real estate can thrive in retail dominated areas.