Transaction Details
$18.6 million
Jacksonville, FL
34,000 SF
ASC & Medical Office
Investment Sale
Multi-Specialty ASC
Key Highlights
Property Overview
CREG Healthcare successfully represented the seller in the $18.6 million sale of SouthPoint Surgery Center, a 14,500 square foot ASC-anchored medical office building in Florida featuring an integrated surgery center and physician clinic space.
Transaction Highlights
SouthPoint Surgery Center represents an ideal integrated healthcare facility combining an ambulatory surgery center with complementary medical office space. The surgery center component features modern operating rooms serving orthopedics and other surgical specialties, while adjacent medical office space houses related physician practices. This integrated approach creates operational synergies and enhances patient convenience.
Property Features
Surgery Center
Modern ASC with multiple operating rooms equipped for orthopedic and multi-specialty surgical procedures with state-of-the-art equipment.
Integrated Platform
Combined surgery center and medical office space providing seamless care continuum from consultation to surgery to follow-up.
Florida Demographics
Serving Florida's growing population with favorable demographics and strong demand for outpatient surgical services.
ASC Regulations
Favorable Florida ASC regulations and strong commercial insurance penetration create attractive operating environment.
Why This Transaction Succeeded
- ASC Premium: Surgery center component commanded premium valuation compared to standard medical office buildings.
- Integrated Model: Combined ASC and clinic space provided operational efficiencies attractive to specialized buyers.
- Florida Market: Strong population growth and favorable ASC economics in Florida enhanced buyer interest.
- Facility Quality: Modern, well-maintained facility with excellent equipment and infrastructure.
- Buyer Network: Targeted marketing to ASC investors and healthcare real estate funds generated competitive bidding.
Transaction Outcome
SouthPoint Surgery Center sold for $18.6 million to a healthcare real estate fund specializing in ambulatory surgery centers. The transaction showcased CREG Healthcare's ability to market ASC-anchored medical office buildings by emphasizing integrated operations, market demographics, and the premium value of surgical facilities.
"CREG Healthcare's expertise in marketing ASC properties and their relationships with surgery center-focused buyers resulted in a highly successful transaction for our Florida facility."
Your Transaction Team
Work directly with our experienced managing partners who have closed billions in medical real estate transactions.
Considering Selling Your Medical Property?
Learn how CREG Healthcare can help you achieve similar results with your medical office building, surgery center, or portfolio.