Fresenius Dialysis Portfolio
Address: Charlotte, North Carolina
Date Acquired: November 18, 2019
Property Type: Healthcare
Square Feet: 33,870
The portfolio of three (3) high quality single-tenant medical buildings totaling 33,870 square feet are 100% leased to Fresenius Medical Care (“Fresenius”), the world’s largest provider of dialysis treatment services. Fresenius provides specialty care treatment for patients with end-stage renal disease (ESRD) through a network of over 3,900 outpatient dialysis clinics in more than 50 countries. Fresenius has a market capitalization in excess of $20.0bn and has an investment-grade rating of S&P BBB.
The properties were built in 2016/2017 and are located in or near Charlotte, which is the largest city in North Carolina. The Charlotte MSA has a rapidly growing population and nationally recognized employers and universities.