$17M medical office building, ASC sold in Florida

Two affiliates of Montecito Medical Real Estate sold a two-story medical office building in Weston, Fla. for $17.2 million, The Real Deal reported Sept. 2.

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Weston Outpatient Surgical Center is located on the first floor of the 32,559-square-foot building.

The deal was financed with a $22.3 million loan from BMO Harris Bank. 

Nashville, Tenn.-based Montecito Medical Real Estate also recently acquired a medical office building housing an ophthalmology ASC in San Antonio, Texas.

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.

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