Investor pays $49M for Arizona spine, orthopedic hospital property

Phoenix-based Oasis Medical Center — the property housing Oasis Hospital — was recently acquired by Flagler Investment Holdings, a full-service medical real estate company.

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Flagler acquired the 94,000-square-foot property for $49 million. The surgical hospital is minutes from downtown and the Phoenix Sky Harbor International Airport.

With 64 beds and eight operating rooms, Oasis Hospital is devoted to orthopedics and spine surgeries.

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