August 9, 2018

BGL Real Estate Partners Announces the Sale of a Central Pennsylvania Medical Office Portfolio

Cleveland, OH – August 9, 2018 – Brown Gibbons Land & Company (BGL) is pleased to announce the sale of a portfolio of 7 medical office buildings (the “Portfolio” or “Properties”) totaling approximately 172,847 rentable square feet. BGL’s Healthcare Investment Sales team served as the exclusive advisor to the sellers in the transaction.

The properties are strategically located in and around Harrisburg and Central Pennsylvania, the fastest growing area in the state. The Portfolio consists of newly built multi-tenant and single tenant net-leased properties that are anchored by investment grade credit tenancy. The Properties are located near several medical centers and this proximity to medical centers, as well as the variety of healthcare providers and specialists that practice within the Portfolio provides a realizable referral network and improved convenience and satisfaction for patients.