The 13,000-square-foot medical office building is 100 percent leased to Comprehensive Outpatient Joint and Spine Institute Center. Built this year, the property comprises three ASCs.
The trust has more than $5.5 billion in portfolio assets.
“The shift toward outpatient, standalone surgery centers as an alternative to undergoing procedures in traditional hospital settings, combined with the continued aging of our population, positions medical office buildings as attractive portfolio additions to our stable value, income-oriented portfolio,” said Allan Swaringen, president and CEO of JLL Income Property Trust.
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.