Deal Size

Undisclosed

Deal Broker

Nick Myers

Location

Cleveland, OH

Medical Office Building

Cleveland, Ohio

Zeustra represented St. Vincent Charity Medical Center in the disposition of their off campus medical office building. Within recent years, the hospital system no longer had a need for space in the building. Our goal was to maximize the value of the real estate through a sale and overcome the challenges of an outdated building with significant vacancy. We were able to identify an established buyer that specializes in value add properties in the Cleveland market, resulting in a successful closing and creating an opportunity for both Seller and Buyer to achieve optimal outcomes.

  • Hospital System
  • Multi-Use Facility
  • 1031 Exchange Buyer
  • 4-month marketing and sale process