Investment Group Purchases Professional Medical Center for $12.5M

Flagship Healthcare Real Estate Fund, affiliated with Charlotte, N.C.-based Brackett Flagship Properties, and Austin, Texas-based Virtual Real Estate Capital have partnered to purchase Professional Medical Center in Greensboro, N.C., for $12.5 million, according to a report by The Business Journal.

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Professional Medical Center, a four-story, 81,570-square-foot facility, was originally developed by a group of local physicians.

The building includes tenants Central Carolina Surgery, Eagle Physicians, Eagle Gastroenterology, Eagle Endocrinology and The Breast Center of Greensboro.

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