Medical Park Containing HCA Surgery Center Sells for $9.5M

AW Property Co. has purchased the 64,197-square-foot St. Andrews Medical Park for $9.5 million, according to a Gulf Coast Business Review report.

Advertisement

Prominent tenants include: Center of Sight, HCA Surgery Center, Heart Institute, Lehigh Medical Center and Diagnostic Clinic. Healthcare Realty Trust has owned the property since it acquired the main healthcare building and a tract of land in 1996.

AW Property paid a total of $30.3 million for the medical space as part of a seven-building portfolio of medical office properties along the Gulf Coast.

Related Articles on Transactions and Valuation:

28 New Surgery Centers Opened or Announced in April 2012
Developer of Surgicenter of Central Virginia Planning Similar Facility
HCA Outpatient Volumes Increase in First Quarter of 2012

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.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.