Zach Vaughan Of Vital Infrastructure Property Trust Acquires Medical Office In Brooklyn For $89M

A medical office building located at 101 Pennsylvania Avenue in Brooklyn's East New York neighborhood has been sold for $89 million. The property spans 140,000 square feet and the price translates to approximately $636 per square foot. This acquisition adds to the growing portfolio of Vital Infrastructure Property Trust in the U.S. healthcare real estate market.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $89,000,000
• Address: 101 Pennsylvania Avenue
• Market: Brooklyn
• Square Footage: 140,000
• Price Per Square Foot: $636
• Buyer: Zach Vaughan - Vital Infrastructure Property Trust
• Seller: Dominion Management Company

Zach Vaughan represents Vital Infrastructure Property Trust in this transaction aimed at expanding their presence in the U.S. healthcare real estate sector, indicating a strategic approach towards growing their investments in this area.