A medical office building portfolio in Toms River, N.J., that includes a surgery center has been sold for $13.6 million, according to a June 15 report from NJ Biz.
The Holiday City Medical Portfolio, which has two buildings totaling 55,680 square feet, was 99% leased at the time of the transaction.
Tenants at the property include Physician’s SurgiCenter, Labcorp, University Radiology Group, Asetera Cancer Care, Premier Dermatology Clinic, Elite Podiatry and South Jersey Physician Associates.
Real estate investment firm Horizon Equities sold the portfolio to an undisclosed buyer. There were nearly a dozen offers to purchase the properties, the report said.
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.