MIAMI—A $6.6 million sale-leaseback onhealthcare real estate just closed in Sebring, FL.Sperry Van Ness (SVN) brokered the sale of atwo-story, 29,545-square-foot medical officebuilding.

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SVN's Mark Alexandar represented the seller.The deal marks the second medical office buildingdeal that Alexander and SVN's Gerard Pastrano, managing director ofSVN's San Antonio office, have collaborated on with this buyer, whohistorically has focused on multifamilyassets.

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“Today's healthcare environment and ecosystem looks muchdifferent than they did a few years ago and strategies related toproperties and facilities are adapting to this,” says Alexander.“Changes in consumer habits, along with the well-publicizedregulatory and policy issues within the healthcareindustry, have positioned sale-leaseback as anattractive option for many providers.”

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Home to a medical practice and physical therapy office, themedical office building is located on US Highway27 next to the local hospital. Both will continue as tenant in thistriple net leaseback transaction.

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Triple net leaseback in the medical officebuilding sector is hot and getting hotter,” says Alexander. “Aswith this deal, we're seeing buyers and investors who traditionallyhave been focused on other property asset classes crossing over tothe medical office building market. It's creating new opportunitiesin which we're well-positioned to support and lead.”

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