Six insights:
1. The 218,213-square-foot portfolio of outpatient orthopedic buildings includes three with ASCs. The ASCs each have two operating rooms.
2. Six of the properties are in Charlotte, two are in Winston-Salem, one is in Laurinburg, and one is in Shelby. Each is within 2.2 miles of the nearest hospital.
3. Charlotte-based OrthoCarolina — the nation’s third-largest orthopedic provider by physician count — has a weighted 13 years remaining on its lease term.
4. The portfolio yielded “tremendous interest,” which is “a testament to the caliber of OrthoCarolina,” JLL Managing Director Ben Appel said in a press release.
5. Marketing of the assets was helped by an attractive lease and the desirable physician joint venture, said JLL Managing Director Evan Kovac.
6. Financial details weren’t disclosed.
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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.
