Buildings housing New York surgery center sold in $45M deal — 3 insights

Buildings housing a medical office building and a surgery center in Orchard Park and Cheektowaga, N.Y., were sold to a Chicago-based investor for $45 million, Buffalo Business First reports.

Advertisement

What you should know:

1. The medical office building and surgery center are operated by Kaleida Health’s Western New York Urology Associates.

2. The buildings have additional unspecified tenants, but are all health-focused.

3. The acquiring party formed two holding trusts for the building, with addresses registered in Chicago.

More articles on surgery centers: 
Gastroenterology in 2030: What the specialty will look like in 10 years
72% of Americans would delay getting a colonoscopy — 4 more insights
GI Alliance makes another splash & more: 5 GI industry key notes

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.