“AXSYS Capital Closes Midwest MOB Acquisition Fund”

"AXSYS Capital Closes Midwest MOB Acquisition Fund"

AXSYS Capital, a medical property investment firm based in Libertyville, has successfully closed its AXSYS Capital Fund I. The fund will target the acquisition of high-quality medical office buildings (MOBs) throughout the Midwest region over the next year, specifically in Illinois, Missouri, Ohio and Wisconsin.

According to David Meggs, Co-Founder & CEO of AXSYS Capital: “The initial closing of our first fund strengthens our firm’s capabilities and highlights our focus on identifying and capitalizing on recession-proof assets with stable tenants from the medical and professional services industries. Our goal is to hold these properties for long-term growth.”

In 2023 alone, AXSYS Capital Fund I has already acquired three MOBs in various locations across the Midwest. These properties feature a mix of reputable tenants with long-term leases secured. With over $74 million worth of transformative commercial and mixed-use properties acquired through strategic acquisitions since its inception date – Connect CRE reports that this latest development further solidifies AXYSYS’ position as one of today’s leading players within this sector.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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