When a behavioral services company knew it wanted to expand its service offerings and house its several locations under one roof, it was time to look for just the right property that would fit its needs.
Fast forward to this past month when a 14,500 SF medical space in St. Cloud became available and CapStack Commercial teammate Manny Berrios facilitated a deal that checked all its boxes.
Blue Heart Behavior provides support to children diagnosed with Autism, ADHD, ODD, and other developmental disorders. Now, with the larger facility, it will be able to also offer daycare services to children without behavioral needs, too!
Manny's negotiation skills really shined in this deal. The #landlord wasn't an institutional investor, which can make it more difficult to reach a favorable agreement, but in the end, he helped to land Blue Heart a clause in its lease that gives them the option to purchase the property in a few years if they choose to.
Its new operation will be open in June once the buildout is done. We're excited about its expanded footprint in the St. Cloud community! Thanks to everyone who helped make this happen and big CONGRATS to Manny!
#capstackstories #realestate #cre #medical