Thomas Park Investments acquired $75M in medical office buildings in 1st half of year

Thomas Park Investments acquired $75 million in medical office buildings in the first half of 2022, halfway to its year-long goal of $150 million in acquisitions. 

Advertisement

The acquisitions include a 178,000-square-foot medical office building occupied in part by an endoscopy center in Raleigh, N.C.; a 56,000-square-foot office building in Mt. Laurel, N.J.; a 56,000-square-foot office building in Baltimore; a 35,000-square-foot facility in Cohasset, Mass.; and a 53,000-square-foot building occupied by a radiology and endoscopy center in Bethlehem, Pa., according to an Aug. 1 press release. 

“Our growth has fueled a hiring expansion, raising our headcount by 125 percent since the beginning of the year,” Thomas Park’s COO Gene Parker said in the release. 

Thomas Park Investments, a private equity real estate firm focusing on healthcare properties, is on track to have $1 billion in assets by 2025.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 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 News

Advertisement

Comments are closed.