A medical office building fully occupied by Beacon Orthopaedics & Sports Medicine in suburban Cincinnati has sold for $9.9 million, the Cincinnati Business Courier reported July 10.
Charlotte, N.C.-based Flagship Healthcare Properties acquired the property at 8099 Cornell Road on July 1 in a cash transaction, according to property records.
Since December, Flagship has acquired an ASC in Mobile, Ala., an endoscopy center in Pensacola, Fla., and a medical outpatient building in Powell, Tenn., leased to Greater Knoxville Ear, Nose & Throat.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.