Avison Young has negotiated the sale of a three-building, 110,780-square-foot Class-A medical office complex at 1000-3000 Regency Court in Toledo, Ohio.
Avison Young’s Mike Wilson and Erik Foster, principals based in the firm’s Chicago office and members of the national healthcare capital markets team, along with Avison Young’s Cleveland healthcare brokerage expert Chris Livingston, represented the seller, Barone Enterprises.
The buyer was Global Medical REIT.
The facilities offer significant improvements and fixtures imperative to the care offered, specifically a comprehensive surgery center (11% of total portfolio square feet) that several tenants utilize for their specific practice. The facilities include extensive exam rooms, numerous physician and patient amenities and well-appointed waiting and treatment areas.
Regency Medical Campus is centrally located near Anne Mercy Hospital, Promedica Toledo Hospital, Flower Hospital in Sylvania, and The University of Toledo Medical Center.
