SMBC Leasing and Finance Inc. announced on April 11 that it acquired Fresenius Kidney Care East Greensboro, a medical office building (MOB) in Greensboro, North Carolina for $4.4 million
The facility, which has a dialysis center, was built on 1.9 acres in 2003 and consists of 12,588 square feet of rentable space. The price was approximately $350 per square foot.
SMBC Leasing and Finance Inc., a portfolio company of SMBC Americas Holdings, Inc., is a leasing company based in New York City.
Fresenius’s five other North Carolina locations will remain open.
According to data captured in the LevinPro HC database, this transaction represents the 63rd MOB acquisition of the year. Despite concerns that the MOB market would hit a standstill, this is on par with last year, when there were also 62 MOB deals announced between January 1, 2022, and April 11, 2022.
