Private equity firm buys Cape Coral Surgery Center building — 4 insights

A private equity firm bought the Cape Coral (Fla.) Medical Center building.

Advertisement

Here’s what you should know:

1. The building houses Cape Coral Surgery Center, a joint venture with Nashville, Tenn.-based Surgery Partners and physician owners. It also houses three other major tenants.

2. The 39,142-square-foot facility sold for $10,000,000.

3. It was 95 percent occupied by nine medical tenants at the time of the sale.

4. This is the third ASC-anchored medical office building Cushman & Wakefield’s Healthcare Advisory Practice has sold in the past month.

More articles on transactions/valuation:
Medical Facilities Corp. increases surgical cases 47.4% in Q3 — 5 insights
Quarterly reports on Tenet, Surgery Partners & more — 8 ASC company key notes
7 hospitals, health systems opening or planning ASCs

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.