Wednesday, September 10, 2025

Cleveland Clinic sells, leases back 24 facilities

In Northern Ohio and Florida, 24 Cleveland Clinic properties were sold to MedCraft Health-
Care Real Estate. The Clinic is then leasing back the spaces to continue their operations and
services at those sites (Newmark). CLICK IMAGES TO ENLARGE THEM.

A large-scale sale-leaseback of 24 facilities in Ohio and Florida is underway, and it’s Greater Cleveland’s largest employer that’s initiating it. The sale-leaseback was sought by Cleveland Clinic, and the buyer is MedCraft HealthCare Real Estate. a suburban Minneapolis-based health care real estate company.

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