Bain, Evergreen join venture buys 60K-square-foot Oregon medical office

Investor firm  Bain Capital and real estate operator Evergreen Medical Properties have acquired a 60,000-square-foot outpatient facility in Portland, Ore. 

Advertisement

The joint venture between Bain and Evergreen aims to  acquire, renovate and operate outpatient facilities, according to an Oct. 7 press release sent to Becker’s. 

The facility is anchored by Providence Health and is currently 73% leased. It was most recently renovated in 2022. 

Bain Capital currently has over 9.5 million square feet of medical outpatient space. 

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.