Global commercial real estate group Newark facilitated the sale of the building housing Cypress Surgery Center in Wichita, Kan., Rebusiness Online reported April 28.
ASC Transactions & Valuation Issues
Florida is an ASC hot spot, with at least 28 centers opened in 2022.
A medical office building in Renton, Wash., was sold for $8.3 million, the Daily Journal of Commerce reported May 9.
From a Medtronic partnership to an ASC company investment, three recent deals show an increased interest in both ASCs and outpatient surgery.
The building housing the Surgery Center of Fairbanks was sold for $23.3 million, according to an email shared with Becker's.
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Boca Raton-based Florida Atlantic University's Research Park was acquired for $37.5 million, The Real Deal reported May 5.
Capital Real Estate Group has sold a medical office building in Alaska for $22.3 million.
Deerfield, Ill.-based Surgical Care Affiliates, one of the largest ASC companies by number of centers, has more than 260 ASCs in its portfolio.
Orlando, Fla.-based AdventHealth has snagged an affiliation with Maitland SurgeryCenter, Orlando Business Journal reported May 2.
Brentwood, Tenn.-based Surgery Partners' revenue jumped to $596.2 million in the first quarter of 2022, a 16.4 percent increase from the first quarter a year prior.