Joint venture acquires medical office building with surgery center in Delaware

MedProperties Realty Advisors, Capital Security Advisors and Physicians Realty Trust acquired a 140,205-square-foot medical office building in Dover, Del., Delaware Business Now reports.

What you should know:

1. The medical office building is 94 percent leased to 23 tenants. The building has a 24,000-square-foot surgery center.

2. Dover-based Eden Hill Medical Center sold the building. The medical center developed the building in 2008.

3. The building was supposed to anchor a 23-acre master development, but the plan never came to fruition.

4. Despite the lackluster reception to the master plan, the medical office building has touted a 90 percent lease rate since it opened in 2008.

More articles on surgery centers: 
Alignment, standardization and sole-source partnership — How Mercy brought the Quadruple Aim to orthopedics
Orthopedic surgeon salary, hospital employment on the rise: 3 statistics
5 expert insights on outpatient joint replacements in 2019

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