UPDATE: In a significant move for veterinary care in the region, Terramed Real Estate Solutions has finalized the acquisition of a key property housing the Animal Hospital of Dauphin County in West Hanover Township. The deal, valued at $1.9 million, was completed on December 9, 2023, and marks a pivotal moment for the local animal healthcare community.
This transaction is not just a real estate deal; it ensures continuity of high-quality veterinary services for residents and their pets. The property spans 7,384 square feet and accommodates a general practice run by 12 veterinarians, offering a comprehensive array of services. These include an in-house laboratory, pharmacy, and advanced diagnostic capabilities such as surgical procedures, rehabilitation, X-ray, and ultrasound machines.
Terramed’s acquisition was structured as an UPREIT (Umbrella Partnership Real Estate Investment Trust) exchange, allowing the seller to transition ownership in a tax-efficient manner while retaining a long-term lease. This strategic move supports the ongoing operations of the Animal Hospital, which has been a trusted resource for animal care in the community.
Dr. Bob Sarsfield, owner and chief medical officer at the Animal Hospital, expressed confidence in the transition. “This building has supported our team for a long time because it gives us the room and tools to offer a wide range of treatments in one place,” he said. “Families know they can come to us for whatever their animals need. They value that kind of familiarity — and so do we. This decision will help the hospital care for our patients’ health and well-being for decades to come.”
The implications of this acquisition extend beyond real estate. It reinforces the commitment to animal health in Dauphin County and reflects Terramed’s broader strategy, which includes managing over 1.5 million square feet of healthcare-related properties across more than 35 states.
As the community welcomes this new chapter, pet owners can expect enhanced services and stability at the Animal Hospital of Dauphin County. This development is a vital reminder of the importance of accessible veterinary care and the ongoing investments in healthcare infrastructure that directly benefit families and their beloved pets.
Stay tuned for more updates on this evolving story and what it means for the future of animal healthcare in the region.
