Savlan Capital has acquired a 5,125 square-foot outpatient medical office in Norman, Oklahoma, for $1.75 million.
The property, which is occupied by Direct Orthopedic Care, was built in 1983 and renovated in 2018. Savlan's CEO Zusha Tenenbaum tells GlobeSt.com that the property was attractive because of its location in a college town and the strength of DOC.
"The business model appealed to me, and the city has great demographics and economics," Tenenbaum tells GlobeSt.com.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
