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The Jonna Group of Colliers International Detroit completes the Sale of a 14,670 SF Special Purpose Health Facility

309 E 11 Mile Road in Royal Oak Michigan1536x1040

The Jonna Group of Colliers International Detroit is pleased to announce Simon Jonna, Executive Vice President, completed a 14,670 square foot sale of a new Beaumont Health (S&P A+) & Beaumont Urgent Care at 309 E 11 Mile Road in Royal Oak, Michigan. Simon represented the seller, a developer, on the transaction. 309 E 11 Mile Road was purchased by a private real estate equity firm located on the west side of the state.

“Considering the magnitude of the health crisis, with hospitals operating at tight margins due to elective surgeries on the backburner and patients at home, this drained revenue streams. Yet thanks to Fed assistance requiring hospitals to maintain staffing levels and pay rent, this robust sector remains resilient and highly desired within the investment arena. We have traded Beaumont deals repeatedly and it is a flag with national appeal.”

-Simon Jonna

Both tenants are operating on new 10-year triple-net leases with minimal landlord responsibilities.

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Simon Jonna

Executive Vice President

Birmingham, MI

Jonna Group is the industry leader specializing in the sale of Net-Lease corporate brands to include retail, medical, office, industrial, along with national Multifamily and beyond. Founded by Simon Jonna and built upon integrity that promotes entrepreneurial ethos and a nimble culture with a reputation for results. Over the years, Jonna Group’s dominant market share has earned numerous industry accolades such as #1 Listing Sale Agent on Crexi nationwide, CoreNet Global Broker of the Year, Wall Street Journal, Dbusiness 30 in their Thirties, and the Real Estate Hall of Fame.

Known to have an elite presence in the investment arena with a multi-billion sales track record coast to coast and closings in over 46 states, representing every region from Urban Core City Centers to submarkets across Middle America. A top nationwide producer upon transition, Jonna Group joined forces with Colliers to form the most dynamic partnership in the industry. Colliers International is ranked a Top 3 Brand worldwide with a 45-year history of building private client relationships. Full-service amenities include investment sales, finance, leasing, property management, appraisals, tax appeals and more. Colliers hosts 500+ offices & 18,000 professionals throughout the USA and 68 countries with annual production volume of $130+ Billion. The best-in-class brokerage platform offers leading technology and bandwidth, with broader reach and resources, making a market around capital migration and 1031 exchanges due to the largest buyer pools and a global infusion of capital placement into U.S. Properties. The co-brand with Jonna Group delivers added value that is focused on growing and preserving client wealth with unparalleled network, connectivity and deal flow.

"We seek to establish stepping stones not only by transactions alone but through long-term relationship building. Putting the client's interest first is our main inspiration and most important determinant of our success." – Simon Jonna

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