Press Releases
Marcus & Millichap Arranges The Sale Of Sedalia Surgery Center In Sedalia, MO
June 5, 2023Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sedalia Surgery Center, a 6,826-square foot single-tenant medical office property located in Sedalia, MO, according to David Saverin, regional manager of the firm’s St. Louis office. The asset sold for $3,572,483.
Seth Haron, Ashish Vakhariya, and Darin Gross, investment specialists in Marcus & Millichap’s Detroit office facilitated the transaction between on behalf of the seller. “Given that the surgery center is the only ASC serving Sedalia, MO, the property gained strong investor interest. We ended up closing the deal with a West Coast 1031 exchange buyer sourced by an outside broker.” says Seth Haron, First Vice President Investments within the National Healthcare Real Estate Group. “Key drivers included a corporate guarantee by Midwest Vision Partners / Vision Integrated Partners, with a network of 23 practices, and a brand-new triple-net lease with annual rent increases.”
In the past twenty-four months, Seth Haron, Ashish Vakhariya, and Darin Gross have sold or have under contract to sell, $175.6 Million of retail and medical office investment properties throughout numerous states spanning the Midwest and beyond.
