ERE Healthcare Real Estate Advisors is pleased to announce the successful sale of a dominant 24,860 SF ophthalmic specialty ambulatory surgery center and clinic in Sandusky, Ohio.

ERE Healthcare Real Estate Advisors was retained by the practice owners to advise on a strategic recast of their lease then subsequent property sale. ERE shepherded a competitive bid process and subsequent master lease negotiations, aligning the rents with market.

The sale was successfully executed and ranked in the top 5% of price per square foot for a medical building owned by a private practice in the region.

The transaction was led by Collin Hart and Darian Padua.

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Investment demand, sale transaction volume, and valuations for healthcare real estate have reached historic highs. Even if a real estate sale doesn’t meet your current objectives, addressing potential partnership challenges early will maximize the value and security of your investment.