Brauvin Net Lease, Inc. has acquired a Fresenius Medical Care facility in Solon, OH (southeastern Cleveland). Fresenius Medical Care (NYSE: FMS) (“Fresenius”) operates more than 2,500 dialysis clinics and is the world’s largest provider of renal dialysis products and services. Fresenius carries an S&P corporate rating of BB and has a Stable outlook. Fresenius had 2009 Net Revenues of more than $11.2 billion, and more than two-thirds of this was generated from operations in North America. The subject property is operated as a Fresenius and leased to a joint venture between Fresenius, the Cleveland Clinic, and MetroHealth System.

The medical facility contains 8,377 sq. ft. of space and is located on approximately 1.5 acres of land. The tenant recently extended its lease and now has a 10 year remaining term. The tenant can expand its existing operation approximately 20% within the existing footprint of the building.

“We are pleased to establish a relationship with Fresenius Medical Care and expand our investment in the renal dialysis field.” said James L. Brault, President of Brauvin Net Lease, Inc. “We anticipate long term growth in the need for dialysis. The Solon location will accommodate growth for Fresenius and ultimately for Brauvin Net Lease, Inc.”

ABOUT BRAUVIN - Brauvin Net Lease, Inc. specializes in the acquisition of single tenant, net lease properties throughout the United States. Brauvin has acquired assets in thirty-three states to date, has significant discretionary funding capacity and is actively seeking acquisition opportunities. More information on Brauvin is available at brauvin.com