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CrownPoint Partners Closes $9.2 Million Michigan Dental Portfolio

A strategic $9.2 million sale-leaseback transaction involving five dental properties across Michigan has reached completion. CrownPoint Partners facilitated the deal, acting for both the buyer and seller to secure a portfolio spanning 35,212 square feet in Lansing, Charlotte, Adrian, Saint Joseph, and Jackson within a 42-day window.

CrownPoint Partners Closes $9.2 Million Michigan Dental Portfolio

The assets are now secured by 15-year absolute net leases, structured to include 2% annual rent escalations. This arrangement effectively removes landlord maintenance responsibilities while establishing a predictable long-term income stream for the investor. The properties are positioned within established healthcare and retail corridors that serve a combined trade area of over 1.6 million residents, with direct access to major transit arteries including I-94, I-96, I-69, US-127, and US-31.

Julius Swolsky, managing partner at CrownPoint, noted that the rapid execution highlights the sustained appetite for structured healthcare real estate. The brokerage firm, led by Swolsky alongside Shannon Bona and Don Bingham, manages these transactions from its offices in West Palm Beach and Newport Beach, focusing on unlocking capital for operators through specialized net lease investment strategies.

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