WEST SALEM, OR, (June 3, 2009) – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a 5,916-square-foot free-standing medical property leased 100% to Fresenius Medical Care, located on one acre at 2nd Street and McNary Avenue in West Salem, Oregon. Michael Cropper (top right photo), a Senior Associate at Stan Johnson Company, represented the seller, MDG Development Group, LLC, an industrial/office developer. Travis Trautvetter of Marcus & Millichap-San Diego represented the buyer, a California individual investor in the transaction.
“We continue to see strong demand for medical oriented real estate investments. Investors are attracted to the stability of the customer demand, strength of credit and high-quality real estate,” states Cropper. “Medical tenants are among the few tenants nationally that continue to expand in the face of this recessionary economy. I believe that this niche will be an area of continued strength in the coming years.”
The build-to suit Fresenius Medical Care building is well situated on the corner of 2nd Street and McNary Avenue located 1.9 miles from the State Capitol building making it an ideal investment property.
Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms. Our net lease group is the largest team of professionals focused exclusively on the acquisition, disposition, and financing of net leased real estate.
Building on our 22 year foundation in the single tenant net lease industry, completing more than $8 Billion in
transactions nationwide, Stan Johnson Company is aligned for continued growth.
transactions nationwide, Stan Johnson Company is aligned for continued growth. A dynamic team approach, refined marketing processes and a foundation built on integrity, professionalism and relationships create a winning combination enabling the firm to consistently deliver quality service and superior results to each unique client.
Contact: David Ebeling, Ebeling Communications, (949) 278-7851 david@ebelingcomm.com
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