Flagship Healthcare Trust acquires five healthcare buildings including ASC — 4 insights

Flagship Healthcare Trust purchased several buildings from Lexington (Ky.) Clinic including Lexington Clinic Ambulatory Surgery Center.

Here's what you should know:

1. Flagship acquired 144,247 square feet in the purchase.

2. Flagship acquired four medical office buildings: Lexington Clinic East, Lexington Clinic Veterans Park, Lexington Clinic Beaumont and Jessamine Medical Center in Nicholasville, Ky.

3. Lexington Clinic has long term leases on all the properties.

4. Flagship Healthcare Properties CEO Charles Campbell said, "We are honored to have been chosen by Lexington Clinic to be their real estate partner and look forward to bringing the full resources and capabilities of the Flagship team to bear in supporting the Clinic's continued growth and services going forward."

More articles on transactions/valuation:
CPI Medical Fund purchased medical office building with outpatient clinic — 3 insights
3 essential payer contract wording considerations ASCs should know
The Urology Group sells headquarters, surgery center property for $16.6M

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