Here’s what you should know:
1. Five investors purchased the 30,548-square-foot office building for $5.75 million.
2. The building currently houses an eye practice, a mortgage company, a healthcare company and a medical consulting firm.
3. The ophthalmology practice will move out of the center, making way for The Plastic Surgery Center to build a practice in its space. The two physicians associated with The Plastic Surgery Center are part of the investment group.
4. The floor will be remodeled to best accommodate The Plastic Surgery Center.
More articles on transactions/valuations:
USPI center more than doubling size through expansion & more — 9 ASC company key notes
Physician Partners of America, Dr. James St. Louis add Saturday hours for outpatient spine surgery — 5 things to know
The biggest payment challenges healthcare companies face in 2018 — 7 insights
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.