Inland Real Estate Acquisitions acquires 2 medical office buildings
OAK BROOK - Inland Real Estate Acquisitions has acquired two Starling Physicians, P.C. medical office buildings in New Britain, Connecticut.
Situated 13 miles from downtown Hartford, the properties operate as Starling Physicians facilities and are approximately three miles apart from each other. The first property, 300 Kensington Ave., is a two-story medical office building. The second property is an approximate 62,000-square-foot medical building at One Lake Street, which encompasses four wings that are each comprised of one to three stories. Both properties are also in proximity to the Hospital of Central Connecticut.
Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, facilitated the transaction with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group, LLC, Law Department, on behalf of an Inland affiliate.
"Starling Physicians is one of Connecticut's largest physician-owned multi-specialty groups, and these medical office buildings are conveniently located to provide a wide range of services to more than 310,000 residents within a five mile radius of both properties," said Cosenza. "The well-established tenants and ideal location make them a prime example of the type of acquisitions we continue to seek out in this asset class."