Tennessee ASC property sold for $6M

Property housing the Chattanooga, Tenn.-based Pomerance Eye Center was purchased for $6 million, Chattanooga Times Free Press reported Dec. 18. 

Advertisement

The property was purchased by Flagship Healthcare Properties, a Charlotte, N.C.-based real estate investment trust. The company owns or manages more than 200 medical offices across the South.

The 14,800-square-foot, 24-year-old building will continue to be leased to the Pomerance Eye Center. 

Flagship also acquired an endoscopy center in Louisville, Ky., earlier this month.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.