$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.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 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 Transactions & Valuation Issues

Advertisement

Comments are closed.