The real estate investment group recently purchased the properties of six single-tenant medical office buildings for $13.4 million. Its most recent acquisition was a 5,125-square-foot facility in Norman, Okla., which is occupied by Direct Orthopedic Care.
Other medical office building transactions were completed in Texas, New Mexico, Florida, Ohio and Alabama.
Savlan traditionally focused on multifamily, flex and office properties, but “saw the value of having medical tenants for being e-commerce proof, recession-proof and pandemic-proof,” CEO Zusha Tenenbaum told the publication.
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