8 North Carolina medical office buildings sold for $79M

Eight medical office buildings in Raleigh, N.C., have sold for $79.4 million, according to an April 8 report from Commercial Property Executive.

Advertisement

The properties total 338,000 square feet and were purchased by two separate buyers — Evergreen Medical Properties and Northwood Ravin. Evergreen purchased seven of the facilities. 

The buildings are located near other area healthcare providers, including UNC Rex Hospital, WakeMed Raleigh Campus and Duke Raleigh Hospital. 

Among the tenants are Raleigh Eye and Face Plastic Surgery, HRC Behavioral Health & Psychiatry, Raleigh Spine and Pain Center, LifeStance Health and SME Clinic of Raleigh. The buildings were 84% occupied when sold.  

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.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.