The company acquired the 15,662-square-foot Baylor Surgicare at Mansfield (Texas). The surgery center is a joint venture between United Surgical Partners International, 20 physicians and Baylor Scott & White Healthcare System. The total purchase price was $8.5 million.
Physicians Realty Trust also acquired the Eye Center of Southern Indiana in Bloomington. The 32,096-square-foot medical office building is 100 percent occupied by the eye center. The total purchase price was $12.2 million. The eye center entered into a new 15-year absolute net lease.
Physicians Realty Trust has an additional $180 million in pending acquisitions, including a medical office building and outpatient care center in Michigan and an ambulatory surgery center and MOB in Florida.
More articles on transactions and valuation issues:
9 recent ASC acquisitions
6 recently opened or expanded ASCs
Northstar Healthcare to list common shares on U.S national exchange
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.