Newark finalizes $15.3M sale of Kansas outpatient center building

Global commercial real estate group Newark facilitated the sale of the building housing Cypress Surgery Center in Wichita, Kan., Rebusiness Online reported April 28.

Advertisement

DeSanto Realty Group sold the property for $15.3 million to Montecito Medical Real Estate. It is fully leased to a joint venture between national healthcare service company Surgery Partners and a group of 137 local physicians on a long-term basis. 

The 33,620-square-foot facility features six operating rooms, three pain rooms and two endoscopy suites.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.