HomeBriefs

Brief

Flagship Pays $51M for 92K-SF Hickory Medical Facility

Flagship Healthcare Properties spent $51 million a Class A, 100% leased medical outpatient building (MOB) and ambulatory surgery center (ASC) in Hickory, North Carolina. The transaction represents the

File photo

Summary

Flagship Healthcare Properties spent $51 million a Class A, 100% leased medical outpatient building (MOB) and ambulatory surgery center (ASC) in Hickory, North Carolina.

The transaction represents the largest single-asset acquisition by purchase price in the history of Flagship Healthcare Trust, the company’s private REIT.

The property is anchored by Graystone Eye. Hickory is about 60 miles...

Source