Arizona medical building with surgery center purchased by real estate developer

A 187,690-square-foot medical building in Arizona was purchased by real estate developer Meridian, according to a Jan. 7 report from AZ Big Media.

Advertisement

El Dorado Medical Plaza sits on an 11.55-acre parcel and houses a medical office building, surgery center and hospital in Tucson, the report said. A large institutional investor was a partner in the transaction, and Meridian plans to invest additional money toward renovations.

This is the second building Meridian acquired and renovated in Arizona, the report said.

Read more details here.

More articles on surgery centers:
Ohio health system acquires surgery center for $21M
2 Texas health systems suspend surgeries, others don’t
Stryker’s ASC-focused business: 3 things to know

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 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.