Medical office complex housing 2 ASCs sells for $125M

Newport Lido Medical Center, a medical office complex in Newport Beach, Calif., has been sold for $125 million to real estate firm Lionstone Investments, according to Commercial Property Executive.

Three notes:

1. The 146,510-square-foot property includes two surgery centers, Hoag Hospital Newport Beach Surgery Center and Prime Surgical Center.

2. Two medical office buildings, a pharmacy, a physical therapy facility and a lab are also part of the complex.

3. Newport Lido Medical sold the property to Lionstone in an all-cash transaction. 

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