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Situated in Canton, Toledo, and Rockford and spanning 200 miles across the state of Ohio, the three facilities were originally built in the 1960s and 1970s and underwent considerable renovations and major upgrades since 2015
Citing a need to recycle capital, the valued and repeat client, an East Coast-based private equity investor, elected to engage Blueprint for its unparalleled understanding of the Ohio transaction market
Following a highly confidential and competitive marketing process, the ultimate buyer chosen was the current operator of the portfolio, an East Coast-based group with a strong presence in the local market
Working actively to facilitate contract negotiations, due diligence, and transaction-related communication, Blueprint completed the timely sale to all parties’ satisfaction
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