Cleveland, OH – December 21, 2017 – Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of Riverfront Medical Realty LLC Medical Office Building. BGL’s Healthcare Investment Sales team served as the exclusive advisor to the sellers in the transaction
Riverfront Medical Realty LLC Medical Office Building (“the Property”), totaling approximately 87,843 rentable square feet, is located in Saginaw, MI, the largest city within the Michigan Tri-City area. The Property is highly visible and strategically located approximately one-quarter mile from affiliated St. Mary’s of Michigan Medical Center (“St. Mary’s”), providing patients with exceptional convenience and access.
St. Mary’s is a subsidiary of Ascension Health, and is a teaching affiliate of the Michigan State University College of Human Medicine, as well as Central Michigan University. St. Mary’s, in partnership with Michigan Cardiovascular Institute, occupies approximately 94% of the Property with a primary focus of providing cardiovascular care to Central Michigan.
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer & Retail, Environmental & Industrial Services, Healthcare & Life Sciences, Diversified Industrials, Metals & Metals Processing, and Real Estate. BGL has offices in Atlanta, Chicago, Cleveland, Denver, Philadelphia, San Antonio, and San Diego in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.