Private Equity Group Purchases, Plans Renovations for Pinnacle Surgery Center Property in Arizona

Second City Capital Partners of Vancouver has purchased Thunderbird Commons in Peoria, Ariz., a lot that includes Pinnacle Surgery Center, according to a Phoenix Business Journal report.

Advertisement

Second City, a private equity group, plans to invest in significant property investments and rename the property Thunderbird Wellness Centre. Current tenants include Pinnacle Surgery Center, Valley Anesthesiology, Canyon Orthopedic Surgeons and Desert Sky Pharmacy.

The seller was Thunderbird Commons Holdings I LLC in Kansas.

Related Articles on Transactions and Valuation:
Aurora Health Care May Convert Milwaukee’s Aurora Sinai Medical Center to Outpatient Center
Proposal for $24M Illinois Surgery Center Fails to Pass Due to Board Absenteeism
ASC Transaction Growth to Continue in 2012: Q&A With Aaron Murski of VMG Health

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.