Physicians Realty Trust acquires building with ASC for $10M — 3 insights

Physicians Realty Trust purchased a medical office building in Cool Springs, Tenn. with an ASC for $10 million, The Nashville Post reports.

Here's what you should know:

1. Physicians Realty Trust is taking over the building which houses the 26,859-square-foot Franklin (Tenn.) Surgery Center.

2. The ASC is coowned by Nashville, Tenn.-based Saint Thomas Health, United Surgical Partners International and several area physicians.

3. The surgery center specializes in ENT, gastroenterology and orthopedic cases.

More articles on transactions/valuations: 
Stock market week-in-review for 4 large ASC chains — Sept. 5-8
Medical office with ASC sells for $15.9M — 3 insights
KKR to finance Covenant Surgical Partners acquisition through $195M loan & more: 4 ASC company notes

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months