Remedy Medical Properties & Kayne Anderson Real Estate Acquire Medical Office In Brunswick, Ohio For $10.7M

The medical office property located at 1299 Industrial Parkway North in Brunswick, Ohio has been sold. The transaction took place on November 3, 2022. The property spans a total area of 34,519 square feet and was sold for a price of $10,700,000, resulting in a price per square foot of $310. The buyer of the property is a partnership between Remedy Medical Properties and Kayne Anderson Real Estate, while the seller is One GI. The lender involved in the transaction is Capital One.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $10,700,000
• Address: 1299 Industrial Parkway North, Brunswick, Ohio
• Market: Brunswick, Ohio
• Buyer: Remedy Medical Properties & Kayne Anderson Real Estate
• Seller: One GI
• Lender: Capital One
• Square Footage: 34,519
• Price Per Square Foot: $310

This transaction involved the collaboration of Remedy Medical Properties, Kayne Anderson Real Estate, One GI, and Capital One as the lender. The partnership between Remedy Medical Properties and Kayne Anderson Real Estate acted as the buyer in this deal. The medical office property in Brunswick, Ohio served as the asset being transacted. The successful completion of this transaction further strengthens the portfolio and presence of the buyer in the medical office market.