Thursday, April 16, 2015

Marcus & Millichap Arranges Sale of 17,104-SF Net-Leased Property in Port Charlotte, FL


Krone Weidler
PORT CHARLOTTE, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada,  announced the sale of Advanced Imaging of Port Charlotte, a 17,104-square foot net-leased property located at 2625 Tamiami Trail in Port Charlotte, FL, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $4,200,000.

Krone Weidler, Associate Vice President Investments, and L.J. Tsunis, Associate, healthcare real estate investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a national imaging company. 

The buyer, a national private equity firm, was secured and represented by Weidler and Tsunis. “We were able to secure multiple offers from investors nationwide for this asset.” Said Tsunis. “The demand for healthcare real estate continues to grow and we are seeing more and more capital being brought to this segment.”

L.J. Tsunis
“We are very pleased to have completed another acquisition involving the professionals at Marcus & Millichap.  Krone Weidler, Associate VP, and L.J. Tsunis, Associate, did a great job of managing an efficient sale process for their client,” stated Luis F. Medina, Managing Partner of Acquisitions at AIC Ventures.

“Over the last two quarters, AIC has entered into real estate agreements or closed real estate transactions with middle market companies totaling over $80 million.  

"We are noticing an upward trend in sale leaseback activity as companies are pursuing creative financing solutions in lieu of traditional mortgage financing.  

"Companies like Advanced Imaging are taking advantage of the equity tied up in their real estate to put themselves in a more flexible financial position that will allow them to grow their business.  

"With fewer restrictions when compared to more traditional financing options, sale leasebacks offer sellers flexible capital that can be used by companies to strengthen their corporate balance sheets, fuel growth initiatives, make strategic acquisitions and pay down debt, all at the sellers’ discretion,” added Medina.


For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Vice President/Regional Manager, Tampa

(813) 387-4700

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