Brown Gibbons Lang & Co. announced the real estate sale of Bay Area Regional Dialysis Center Portfolio, consisting of two dialysis centers totaling approximately 20,861 rentable square feet, located in Saginaw and Essexville, Mich. BGL's Healthcare Investment Sales team served as the exclusive adviser to the seller in the transaction.
Built in 1991, the Bay Area Regional Dialysis Center in Saginaw has 32 treatment chairs and is staffed daily by three nurse practitioners. The Essexville Bay Area Regional Dialysis Center, built in 1993, has 24 treatment chairs and is staffed daily by two nurse practitioners. Both properties are 100 percent occupied by the Bay Area Regional Dialysis Center and work in partnership with the Fresenius Kidney Care Bay Area Regional Dialysis Center in Bay City, Michigan. The buildings are conveniently located only 15 miles apart from one another, and approximately 125 miles from Detroit.
BGL is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, divestitures, capital markets, financial restructurings, valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland and Philadelphia, and real estate offices in Atlanta, Chicago, Cleveland, Denver, San Antonio and San Diego.
The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world.