Description: Wellness Center Development Project
Location: Carey, NC
Description: Assisting Family Office with the development of a build to suit for a large university medical system
An established family investment company had the opportunity to build and lease a 60,000 SF wellness center for a large university medical system and Blue Wall assisted them with entire transaction. Expanding on their already successful wellness program, the university medical system needed to expand into the growing city of Carey.
Blue Wall structured the real estate transaction and negotiated a long term net lease with the University system. Blue Wall worked to assemble the entire development team and took the project from entitlements, through land acquisition, construction and move in by the tenant.
The outcome was a long term income stream for the family investment company and a very nice wellness facility for the university medical system that serves an important and growing constituency.