Seavest Healthcare Properties acquired the fully leased medical office building at 355 West 52nd Street in New York City, anchored by NYU Langone Health, enhancing their portfolio in a growing market.

Target Information

Seavest Healthcare Properties, LLC has recently acquired a fully leased medical office building located at 355 West 52nd Street, New York City. This eight-story structure encompasses 57,000 square feet and is strategically anchored by NYU Langone Health, a reputable provider of comprehensive primary and specialist healthcare services. This acquisition marks a noteworthy addition to Seavest's expanding medical real estate investment portfolio within the densely populated Midtown West area of New York City.

The property not only enhances Seavest’s core real estate investment strategy but also solidifies its growing footprint in the metropolitan market, where quality medical facilities are highly sought after. With a robust anchor tenant like NYU Langone Health, the building is poised for long-term success and stability.

Industry Overview in the United States

The medical office building sector in the United States has witnessed significant growth in recent years, driven by an increasing demand for healthcare services and a shift towards outpatient care. The t