A Carpinteria, Calif.-based investment company has purchased a Santa Monica medical facility, from UCLA Health for $54 million, according to a Santa Monica Daily Press report.
The 50,000-square-foot facility houses the UCLA Health Surgery Center, a radiation oncology unit and UCLA department of medicine clinical offices.
The investment company intends to keep the building as a medical facility and UCLA as the tenant.
More Articles on Transactions and Valuation Issues:
Advanced Surgery Center of Orlando Proposes Spine Surgery Center
6 Hospitals & Health Systems Planning or Building Surgery Centers
Apex Dermatology & Skin Surgery Center Opens in Ohio
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.