5 biggest-budget MOB sales in 2 months

Here is a recap of five medical office building sales that have had the biggest price tags in the last two months, as reported by Becker’s since July 3:

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1. A medical office building in Tacoma, Wash., sold for $32.6 million to an entity affiliated with Healthcare Realty.

2. A medical office building in Cincinnati sold for $40 million to Varde Partners, an investment firm based in Minneapolis. The facility is occupied by the Cincinnati Eye Institute.

3. A medical office building in Lakewood Ranch, Fla., sold for $31.8 million to Anchor Healthcare Properties. An ASC run by physician-owned Advanced Surgery Center of Sarasota with two operating rooms for orthopedic, podiatry, joint replacement and spinal surgery procedures, will be built out in the building soon.

4. A four-story medical office building in East Sacramento, Calif., sold for $45.55 million to Toledo, Ohio-based real estate investment firm Welltower. About 80% of the facility is leased to Sacramento, Calif.-based Sutter Health. 

5. AW Property Co., a North Palom Beach, Fla.-based real estate investment firm, purchased six medical office buildings in Greensboro, N.C., for $73 million. The six buildings are all either fully or partially leased by Greensboro-based Cone Health.

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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