BGL Real Estate Partners Announces the Sale of Riverfront Medical Realty LLC Medical Office Building

Cleveland, OH – December 21, 2017 – Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of Riverfront Medical Realty LLC Medical Office Building. BGL’s Healthcare Investment Sales team served as the exclusive advisor to the sellers in the transaction

Riverfront Medical Realty LLC Medical Office Building (“the Property”), totaling approximately 87,843 rentable square feet, is located in Saginaw, MI, the largest city within the Michigan Tri-City area. The Property is highly visible and strategically located approximately one-quarter mile from affiliated St. Mary’s of Michigan Medical Center (“St. Mary’s”), providing patients with exceptional convenience and access.

St. Mary’s is a subsidiary of Ascension Health, and is a teaching affiliate of the Michigan State University College of Human Medicine, as well as Central Michigan University. St. Mary’s, in partnership with Michigan Cardiovascular Institute, occupies approximately 94% of the Property with a primary focus of providing cardiovascular care to Central Michigan.