Connecticut medical office complex with ASC sells for $8M+

A medical office building complex with an ASC in Newington, Conn., was acquired by a national healthcare real estate investor for over $8 million, according to Connect Boston, a local commercial real estate news source. The seller was Jacobsen Properties.

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Physicians at the Hartford Hospital Eye Surgery Center, the complex’s anchoring property, perform over 10,000 procedures a year. Three other medical offices, which are 95 percent leased, are on the property.

Starling Physicians, a multispecialty physician group and select physical therapy are also tenants in the complex.

Read more here.

More articles on transactions and valuations:
Arkansas health system acquires surgical practice
Work progressing on Quincy Medical Group’s surgery center — 3 insights
UM Shore Regional Health purchases 9+ acres for campus with surgery center — 4 insights

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.

Register to Attend Webinar

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Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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