Four things to know:
1. The 55,590-square-foot property was built in 2019 for Raleigh, N.C.-based EmergeOrtho, which occupies 100 percent of the building, according to the report.
2. Montecito previously acquired three medical office buildings involving EmergeOrtho, which rebranded from OrthoWilmington in 2016.
3. Coldwell Banker Commercial brokered the deal.
4. The seller was not disclosed.
More articles on orthopedics:
Outpatient migration will push more ASCs to invest in robotics, says Dr. Vladimir Sinkov
DOJ recovers $2.2B under False Claims Act — 2 orthopedic cases at center of FY 2020
Spine surgeon began using robot 1 year ago; now uses it in half of cases
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.
