The property was last sold in 2004 for $89 million to the Principal Financial Group. The building also has 95,000 square feet of retail space, which is just 15% occupied.
The medical office space is 88% leased. The building was sold to Farpoint Development.
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.