Trinity Partners completes investment sale of medical office portfolio in South Carolina

Trinity Partners announced the successful investment sale of a three-property medical office portfolio located across South Carolina. The properties sold for a combined transaction value of $7,106,763.

The portfolio consisted of three medical office buildings located at 410 N. Main Street in Summerville, 2475 Broad Street in Sumter, and 200 Middleburg Drive in Myrtle Beach. The three properties are leased to Novant Health, who provides urgent care, family medicine, and physical therapy services at the locations.

Dail Longaker of Trinity Partners represented the seller in the transaction. With this sale, Longaker has completed over $60 million in healthcare real estate sales, leases, and sale-leaseback transactions over the last year and a half. In addition to his healthcare real estate investment sales activity, Dail has also recently concluded a court appointed receivership in which he oversaw the operations of two assisted living facilities over the last three years.

ABOUT TRINITY PARTNERS

Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with service lines ranging from landlord representation, occupier services, and investment sales to property management, construction, and project management. They are known for their entrepreneurial spirit, best-in-class performance, and respected team of commercial real estate professionals, who are directly responsible for the company’s success and collaborative culture. The firm currently leases and/or manages over 46 million square feet of office, industrial, life science, mixed-use, and retail space across the region through their five offices in Charlotte and Raleigh, North Carolina, Columbia and Greenville, South Carolina, and Atlanta, Georgia. Visit www.trinity-partners.com for more information.