$74M medical office building with ASC sold in Beverly Hills

La Salle Investment Management acquired a Beverly Hills, Calif., medical office building with ASC for $74.4 million. 

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The five-story, 49,721-square-foot building includes a surgery center, full-service pharmacy, valet parking and a rooftop deck, according to a March 25 release. 

The building is anchored by Keck Medicine of USC and is near several hospitals, including Cedars-Sinai Hospital, UCLA Medical Center, St. John’s Hospital and Olympia Medical Center. 

La Salle Investment purchased the building from UBS Realty Investors. Beverly Hills medical office properties have had single-digit vacancy numbers since 2002, the release said.

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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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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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