Premier Medical Center: College Park, Maryland

Acquisition: Premier purchased this aging 45,000 sf medical property from National Life in late 2012.   The property was approximately 25% vacant with a number of leases expiring in less than a year.  The property suffered from other problems as well, … Read More »

Richmond Medical Park: Richmond, Virginia

Acquisition: Premier purchased this 5 building, 10 acre campus next to St. Mary’s Hospital in 2006 after a large REIT had backed out of the deal due to environmental problems. The property, which had significant vacancy at the time, was purchased … Read More »

Premier Plaza: 70,000 sf Medical Building

Acquisition: Premier purchased this property from General Electric in 2005. The property was over 30% vacant and had 3 different environmental issues – asbestos, underground storage tank leakage subject to a superfund cleanup, and benzene gases of unknown origin in the … Read More »