Lee & Associates NYC Closes $11.3 Million Sale of Medical Office Building in Manchester, CT
Dennis Someck, Executive Managing Director/Principal, Justin Myers, Executive Managing Director/Principal, and Ben Tapper, Senior Managing Director, of Lee & Associates NYC, have arranged the sale of the 28,925-square-foot Medical Office property at 515 Middle Turnpike West in Manchester, CT. The Lee & Associates NYC team represented the seller, Metro Realty of Farmington, CT, who built the property in 2012. The building was purchased for $11,300,000, approximately a six percent yield, by Physicians Realty Trust of Milwaukee, WI, who was represented by Davis Healthcare Real Estate of Minneapolis, MN.