The company closed the purchase and master lease of the ASC on July 28. The total purchase price was $6 million with a first year unlevered yield of 8 percent.
The Surgical Institute of Monroe Ambulatory Surgery Center is a 24,000-square-foot, single-specialty surgery center.
Read more Physicians Realty Trust second quarter financial highlights.
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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.