The building was last purchased in 2019 for $7 million by a private owner. In 2020, it was subject to a $5.3 million loan.
The two-story building is 96 percent leased, with tenants including Lincoln Urgent Care and George Washington Medical Center.
This transaction is the second purchase made by the joint venture between Sendero and Angelo. Their first acquisition was a 53,120-square-foot medical office building in Hamden, Conn.
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.
