Las Vegas-headquartered Kingsbarn Realty Capital has acquired a new single-tenant, net-lease medical clinic in Macungie, Pennsylvania.
The property, known as Health Center at Macungie by LVHN (Lehigh Valley Health Network), was constructed in 2023 and features a variety of medical and services, including family medicine, orthopedics, cardiology and pediatrics practices, along with outpatient adult rehabilitation and cardiac and vascular diagnostic testing. The financial terms of the acquisition were not disclosed.
“Health Center at Macungie will be offered to our clients under a Delaware Statutory Trust (DST) ownership structure as a simplified 1031 exchange solution,” stated Jeff Pori, CEO of Kingsbarn. “With its prime location on Macungie’s main thoroughfare and its range of medical services, this newly constructed facility offers an attractive investment opportunity for those seeking the stability and growth of healthcare real estate.”
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