#United States #Sale-Leaseback #Michigan #CrownPoint Partners #Michigan Dental

CrownPoint Partners Closes a Notable $9.2 Million Dental Portfolio Transaction

CrownPoint Partners has recently achieved a significant feat in the real estate sector by finalizing a $9.2 million deal involving a five-property dental portfolio spread across key locations in Michigan, namely Lansing, Charlotte, Adrian, Saint Joseph, and Jackson. This successful closing marks yet another accomplishment for the firm, which represented both the seller and buyer throughout the transaction.

With a total area of 35,212 square feet, the newly acquired properties are anchored by long-term leases. The agreement includes 15-year absolute net leases, which feature annual rent increases of 2%. This structure provides the buyer with a reliable stream of income while minimizing landlord responsibilities, making it an attractive investment proposition in the competitive real estate market.

The transaction was completed in a swift 42 days, showcasing CrownPoint's ability to manage complex deals efficiently. According to Julius Swolsky, Managing Partner and Co-Founder of CrownPoint Partners, this sale reflects the robust demand for well-structured healthcare real estate and highlights the advantages that sale-leasebacks provide for operators aiming for growth. The swift execution of this portfolio, across multiple markets, underscores the firm’s expertise in navigating the intricacies of real estate investments, demonstrating their commitment to understanding both the real estate landscape and their clients' goals.

The five properties are strategically located within established healthcare and retail corridors across the state, serving a diverse trade area of over 1.6 million residents. Their advantageous positioning allows for connectivity across major transportation routes, including I-94, I-96, I-69, US-127, and US-31, as well as proximity to significant healthcare systems integral to Michigan’s residents.

CrownPoint Partners continues to build on its impressive track record in completing dental and healthcare-focused transactions. This specific deal not only enhances their portfolio of sale-leaseback opportunities but also reinforces their capacity to provide advisory services for operators, owners, and investors on both national and local levels. The firm prides itself on its role in fostering partnerships that result in mutual growth and securing financial goals over the long term.

About CrownPoint Partners

CrownPoint Partners operates as a leading national real estate brokerage and advisory firm, with offices located in West Palm Beach, Florida, and Newport Beach, California. The firm is steered by principals Julius Swolsky, Shannon Bona, and Don Bingham, who are recognized for their proficiency in commercial real estate and sale-leaseback transactions. With decades of experience across investment sales, development, and institutional banking, CrownPoint offers comprehensive services tailored to every phase of the investment process.

CrownPoint’s clientele includes a mix of REITs, institutions, private equity firms, developers, and individual investors, all benefiting from their specialized approach to net lease investments and sale-leaseback platforms. Their commitment to transparency and responsible investment practices aims to create lasting partnerships while helping clients reach their long-term financial aspirations. Visit www.crownpoint.co for more information.

For media inquiries, please contact:
Candice Harris
Executive Administrator
480.217.8128 | [email protected]
Office Locations:
260 Newport Center Drive, Suite 100 | Newport Beach, CA 92660
700 S Rosemary Ave, Suite 204 | West Palm Beach, FL 33401