BGL Sells Michigan MOB

BGL Real Estate Partners’ National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction.

St. Mary’s of Michigan Medical Office Building
St. Mary’s of Michigan Medical Office Building

BGL Real Estate Partners (BGLREP)—a subdivision of Brown Gibbons Lang & Co. (BGL)—has sold an 87,843-square-foot medical office building in Saginaw, Mich.

A subsidiary of Ascension Health, St. Mary’s of Michigan Medical Office Building is located roughly one-quarter mile from affiliated St. Mary’s of Michigan Medical Center. St. Mary’s is also a teaching affiliate of the Michigan State University College of Human Medicine, as well as Central Michigan University. In partnership with Michigan Cardiovascular Institute, St. Mary’s occupies approximately 94 percent of the building with a primary focus on cardiovascular care.

BGLREP’s National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction.

Back in August 2017, BGL opened an office in San Diego, representing the company’s fifth location after Chicago, Cleveland, San Antonio and Philadelphia. Managing Director Christopher Stai and Associate Joshua Rees are running the San Diego office.

Image courtesy of BGL Real Estate Partners