Fitchburg, WI – February 28, 2019 – Barr & Bennett Net Leased Investments Group, a Lee & Associates North San Diego County team, has completed the $5,125,000 sale of a Fresenius Medical Care property located in Fitchburg, Wisconsin. There were 6 years remaining on the double-net lease, which Fresenius assumed in 2015. Fresenius completed an extensive interior remodel of the 24,788-square-foot facility, which is the largest Fresenius facility in the upper Midwest.
Ryan Barr & Ryan Bennett represented the Seller, Cross Plains Investors, LLC in the transaction. The South Florida-based Buyer, Grand Medica, was represented by Compass.
Barr & Bennett Net Leased Investments specializes in the acquisition and disposition of net leased assets nationwide.