Friday, April 24, 2009

Medical Office Building Sold in Carson City NV

www.NAIAlliance.com
Press Release: Investment Group & Office Group
775 336 4600

The Office and Investment Teams of NAI Alliance are pleased to announce that on behalf of the Eagle Medical Center, LLC, they have successfully facilitated the sale of a 73,975 square foot medical office building located at 2874 Carson Street in Carson City, Nevada. Eagle Medical Center is considered one of the premier medical office buildings in all of Northern Nevada. The property received considerable investor interest from around the country. The buyer is an affiliate of Laub Realty based out of the Bronx, New York. The buyer was attracted to the investment by the strong mix of medical practices located in the building and their willingness to continue to lease space in the property on a long-term basis. The quality of the asset, the strong tenant mix, and the building’s proximity to a major regional hospital were all factors in the sale. “We like the fundamentals of medical office projects and in our mind, this building represents the finest medical office building in the entire market,” said Michael Laub, President of Laub Realty. “Long-term, we think Northern Nevada will benefit from the influx of people drawn to the high quality of life in the area.” The sale and leaseback was facilitated by Dominic Brunetti and Scott Shanks of the NAI Alliance Office Team and Scott Beggs of the NAI Alliance Investment Team.

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