Blue Ridge Capital Fund (BRCF), in partnership with portfolio manager AB&B Commercial Real Estate, is proud to announce the acquisition of a strategically located 13,466-square-foot medical office building at 1370 Piedmont Drive in Lexington, North Carolina. Anchored by Triangle Family Dentistry, the facility strengthens BRCF’s expanding Medtail portfolio and was acquired significantly below market replacement cost, reinforcing the fund’s value-driven investment thesis in healthcare anchored real estate. This acquisition reinforces BRCF’s commitment to building scalable, high-performing portfolios of essential-use healthcare assets.
Read the full article: Blue Ridge Capital Fund Acquires Lexington Medical Office to Expand Medtail Footprint //
Source: https://www.accessnewswire.com/newsroom/en/real-estate/blue-ridge-capital-fund-acquires-lexington-medical-office-to-expand-medtail-footprint-1050806
