Upland Real Estate Group‘s net lease team of Deborah Vannelli, Keith Sturm and Amanda Leathers represented the owner in its sale of the Fresenius Medical Center in Round Lake, Minnesota. The property sold for more than $2 million.
This property had an early lease renewal with about nine years remaining on the lease term.
Fresenius Medical Care Center Holdings operates more than 2,400 locations. This tenant is a COVID-19 recession-proof tenant.