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| Louis Rogers |
RICHMOND, VA – Capital Square Realty Advisors, LLC announced
today that it has acquired a healthcare related two-building portfolio located
in the Richmond suburb of Mechanicsville, Va. and the Milwaukee suburb of
Hartford, Wis.
“Each of these healthcare properties are on long-term leases
to strong tenants who will benefit as the demand for healthcare continues to
grow,” said Louis Rogers, founder and chief executive officer of Capital
Square Realty Advisors.
“The demographic aging of America and the impact of the
Affordable Care Act makes quality healthcare real estate assets such as these
attractive investments, and we’re pleased to further expand Capital Square
Realty Advisors’ portfolio in this specialized sector.”
The portfolio includes a built-to-suit 20,066-square-foot
single-story medical office building that is 100 percent leased to Virginia
Women’s Center, the largest women’s healthcare private practice in central
Virginia.
Located at 7515
Right Flank Road, the property is within one-mile of Richmond’s award-winning
Memorial Regional Medical Center. The 2.1-acre property, which was constructed
in 2013, includes 103 surface parking spaces, and is located within The Shoppes
at Bell Creek, comprised of office condominiums, free-standing office
buildings, a veterinary hospital and retail stores.
For a complete copy of the company’s news release, please
contact:
Julie Leber
Account Manager
Spotlight Marketing Communications
18101 Von Karman Avenue, Suite 330
Irvine CA 92612
949-427-5172, ext. 703
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