Jacobson Properties arranged the sale of a 38,913-square-foot Class A medical outpatient building (MOB) in Liverpool, New York. The MOB was sold by 8324 Oswego Road, LLC to Crown MedRealty Partners for $13.1 million.
The property is fully leased to three tenants, including Crouse Medical Practice, which occupies 53% of the building and is affiliated with Crouse Health. Additional tenants include Syracuse Orthopedic Specialists and Syracuse Gastroenterological Associates, both established specialty providers in the Central New York market.
As part of the transaction, Jacobson Properties negotiated long-term lease extensions with key tenants, reinforcing income stability for the buyer. The deal aligns with broader trends of investors targeting fully leased MOBs with strong health system ties and long-term tenancy.
According to data captured in the LevinPro HC database, there have been 82 MOB transactions reported since the start of the year, with four of them in New York. Additionally, this is Crown MedRealty Partners’s first deal of the year.
