DealPoint Merrill described the property in a press release as “anchored by several major medical groups, county and government medical offices, over a 100 diversified medical practices, and shares its medical campus with a specialty heart clinic, as well as a large nursing home adjacent to the campus.”
DealPoint Merrill’s executives David Frank, the firm’s chief executive, negotiated the transaction, and Sterling McGregor, chief investment officer, performed due diligence for the sale, the company said.
Sperry Van Ness / MJM and Associates, Inc. was the broker for the transaction, represented by Mark Mimms.
“Closing escrow” usually means a legal transfer of title to the property from the seller to the buyer. The company’s announcement did not give the purchase price for the sale.
DealPoint Merrill is an affiliate of The Merrill Group of Companies.
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