Marcus & Millichap closed the sale of the Sanford Health Clinic Portfolio, comprised of two, neighboring medical buildings consisting of 74,700 square feet in Bemidji, Minnesota. The assets sold for a combined price of $23.2 million.
Seth Haron, Ashish Vakhariya and Darin Gross, investment specialists in Marcus & Millichap’s Detroit office, facilitated the transaction on behalf of the seller and collaborated with Sykes Cargile and Rob Lyons from the Brentwood, Tennessee, office on behalf of the buyer.
Jon Ruzicka Broker of Record of Minnesota, assisted in closing this transaction.
In the past 24 months, Haron, Vakhariya, and Gross have sold or have under contract to sell over $165 Million of medical office and retail investment properties throughout numerous states spanning the Midwest and beyond.