CROWN MEDREALTY PARTNERS ACQUIRES HIGH-QUALITY, 100% LEASED MEDICAL OFFICE PORTFOLIO LOCATED IN BRADENTON, FLORIDA

Bradenton, Florida – August 21st, 2023 – Crown MedRealty Partners (“CROWN“), a premier healthcare real estate firm headquartered in Kansas City, Missouri, is pleased to announce its recent acquisition of two-property medical office portfolio located in Bradenton, Florida.

Encompassing a total of 16,488 rentable square-feet, the physician-owned portfolio is being acquired via a sale-lease back transaction with Florida Digestive Health Specialists (“FDHS”), a prominent gastroenterology practice with a widespread presence across twenty-six (26) locations in Florida.

 “We’re thrilled to forge a partnership with a best-in-class medical practice in the highly sought-after Bradenton, Florida MSA,” said Steve Bessenbacher, Chief Operating Officer, and Managing Partner. “At Crown, building relationships with top-tier medical providers is at the core of our vision and we look forward to a long-lasting partnership with these outstanding physicians.”

The FDHS portfolio acquisition adds to Crown’s expanding presence across the Southeast region.

“This acquisition not only adds to our growing footprint in the Southeast, but also reaffirms Crown’s reputation as a dependable buyer in today’s fluctuating market,” said Brian Beggs, Chief Investment Officer, and Managing Partner. “Our proactive approach sets us apart. Even in uncertain times, we see opportunities where others see obstacles. It’s the vision that drives our expansion and solidifies our standing as a premier partner in medical real estate.”

About Crown MedRealty Partners

Crown MedRealty Partners, LLC, (“CROWN”) is a privately owned and vertically integrated commercial real estate firm who specializes and focuses exclusively on healthcare related real estate. Headquartered in Kansas City, Missouri, Crown provides its health system and physician partners with a full range of real estate services including investment and capital solutions, acquisitions, development, property sales, management and leasing. With north of $600 million in completed transactions of medical real estate to date, Crown’s managed portfolio presently includes 100+ properties totaling 1.5 million square feet and spans across 30 states nationwide.

As an industry leader in healthcare related real estate, we believe in thinking creatively, acting with integrity, adapting quickly, and taking a hands-on approach to every deal. If you would like to discuss your future partnership with CROWN, please contact our team at 816-878-6307