Developer acquires medical office campus including surgery center for $12M

Feldman Bergin Properties acquired a five-building medical campus in Richmond, Va., for $12 million, Richmond BizSense reports.

Advertisement

The buildings sit in a 9.7-acre medical office park and are 106,000 square feet. The campus is 92 percent occupied. Tenants include Dominion Eye Associates, Insight Physicians and Cataract & Refractive Surgery Center.

Developer The Premier Cos., purchased the property in 2006. It paid $9.5 million.

More articles on surgery centers:
5 employees of U of New Mexico outpatient surgery center test positive for COVID-19
ASC leaders on top priorities during COVID-19 pandemic
ASCs projected to take 68% of orthopedic surgeries by mid-decade — 5 insights

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Atlanta-based United Digestive is planning an ASC in Watkinsville, Ga., focusing on organic growth to expand its network. The newly-constructed,…

  • At least 25 ASCs have closed over the past five years, a pattern of attrition driven by financial strain, staffing…

  • As the ASC industry continues to grow alongside new waves of surgical innovation, patient preferences and shifts to value-based care,…

Advertisement

Comments are closed.