Senior
Housing Properties Trust SNH today announced that
Hematology-Oncology Associates of Central New York, PC, a specialty
medical treatment center, has signed a 10-year early lease renewal for
approximately 65,900 square feet at 5008 Brittonfield Parkway in East
Syracuse, New York.
The property is a single-tenant, two-building medical office complex
offering immediate proximity to Interstate 481 and Interstate 90 with
nearby amenities including recreational parks, restaurants, hotels and
health clubs.
The property is managed by The RMR Group LLC, which manages Senior
Housing Properties Trust and is the majority owned operating subsidiary
of The RMR Group Inc. The RMR Group LLC is responsible for providing all
aspects of property management services to more than 700 buildings with
over 75 million square feet of commercial office, industrial, medical
office, life science and retail space.
SNH was represented by Kerry Mannion of COR CNY Brokerage Company.
Hematology-Oncology Associates of Central New York, PC was represented
by Charles Sangster of CBD Brokerage.
About Senior Housing Properties Trust
SNH is a real estate investment trust, or REIT, that owns medical office
and life science properties, senior living communities and wellness
centers throughout the United States, with $8.4 billion of assets under
management, including more than 460 properties, as of March 31, 2019.
SNH is managed by the operating subsidiary of The RMR Group Inc.
About The RMR Group Inc.
The RMR Group Inc. is a holding company and substantially all of its
business is conducted by its majority owned operating subsidiary, The
RMR Group LLC. The RMR Group LLC is an alternative asset management
company that primarily provides management services to publicly traded
REITs and real estate related operating companies. As of March 31, 2019,
The RMR Group LLC had approximately $30.0 billion of total assets under
management, including more than 1,500 properties, and employed almost
600 real estate professionals in more than 30 offices throughout the
United States; the companies managed by The RMR Group LLC collectively
had approximately 50,000 employees. The RMR Group Inc. is headquartered
in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of
beneficial interest listed on the Nasdaq.
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No shareholder, Trustee
or officer is personally liable for any act or obligation of the Trust.
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