Florida Medical Office Building With Surgery Center Sells For $25.7M — 3 Insights

Real estate investment trust Welltower purchased Jacksonville, Fla.-based CenterOne Surgery Center’s medical office building for $25.7 million from CNL Healthcare Properties, the Jacksonville Daily Record reports.

What you should know:

1. The three-story medical office building is around 100,000 square feet.

2. CNL sold the medical office building to Welltower as part of a $1.25 billion property bundle.

3. CNL Healthcare Properties President and CEO Stephen Mauldin said, “The sale of our 55-building, class A medical office portfolio to Welltower represents a strong, early-value realization step for CNL Healthcare Properties.”

Source: Becker’s ASC Review

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