$27.2M ASC real estate sold in Alabama 

Vestavia Hills, Ala.-based Vestavia Medical Center, a multitenant facility that houses an ASC, has sold for $27.2 million, REBusiness Online reported Aug. 10. 

Advertisement

The 40,000-square-foot property features the Surgical Institute of Alabama, Vestavia Diagnostics, Swaid Clinic, Bramlett Orthopedics, Birmingham Vascular Associates, Pain Management Services, Lab First and Champion Physical Therapy. 

The facility was purchased by an unnamed healthcare real estate fund based in Dallas and was brokered by Matthews Real Estate Investment Services, according to the report.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Becker’s reported on 39 hospital mergers and acquisitions in 2025, ranging from rural hospital partnerships to massive, multi-state system expansions. …

  • Brewer, Maine-based Northern Light Health will close its primary care practice in Castine on Feb. 27, citing staffing challenges, declining…

  • The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

Advertisement

Comments are closed.