Meridian Imaging Group sells medical office building for $11.5M — 3 insights

Jackson, N.J.-based Meridian Imaging Group sold a 16,920-sqaure-foot outpatient imaging facility to Inland Real Estate Acquisitions for $11.5 million, GlobeSt.com reports.

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What you should know:

1. The imaging facility has a 14-year triple net lease with New York City-based New York University School of Medicine.

2. A real estate developer built the facility in 1969, and it was converted into an imaging facility in 2007.

3. New York University School of Medicine is the building’s main tenant.

More articles on transactions/valuation:
UM Capital Region Health updating Laurel facility — 4 insights
Florida hospital closes ASC due to lack of specialists; may reopen in the fall: 4 key notes
Medical Facilities Corp. to pay 180th dividend after hitting $431.6M in revenue  

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