U of Arkansas negotiating 185,000-square-foot outpatient surgery center, medical office building contract

Little Rock-based University of Arkansas for Medical Sciences can begin negotiations to lease a yet-to-be-developed 185,000-square-foot outpatient surgery center and medical office building in Northwest Arkansas, TB&P reports.

UAMS will lease the property from Cushman & Wakefield/Sage Partners, who will develop the property upon reaching an agreement with UAMS.

The lease will allow UAMS to assume outstanding debt on the building or purchase the building for $1 at the end of its 30-year lease.

The health system expects the building would open in 2023.

More articles on surgery centers:
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ASCs projected to take 68% of orthopedic surgeries by mid-decade — 5 insights

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