Real estate firm acquires building housing Holly Springs Surgery Center for $6.8M: 3 things to know

Flagship Healthcare Properties, a real estate firm based in Charlotte, N.C., bought the building housing Holly (N.C.) Springs Surgery Center, according to Triangle Business Journal.

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Here are three things to know:

1. The firm bought the building for $6.8 million.

2. In addition to the ASC, the building includes Raleigh Neurosurgical Clinic and Cary Orthopaedics.

3. Flagship Healthcare Properties Senior Vice President of Investments Russell Brown said the firm bought the building due to the growing community in Holly Springs.

More articles on surgery centers:
Analysts cut Medical Facilities Corp.’s price target: 4 takeaways
Varsity Healthcare Partners closes The Orthopaedic Institute recapitalization ahead of expansion — 4 things to know
Catholic Health receives 1st approval to purchase 40% of NY ASC for $2.2M

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.

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