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Flagship Healthcare Acquires 57K-SF Medical Office Building in Columbia

Private healthcare real estate investment trust Flagship Healthcare Trust has acquired a 57,375-square-foot medical office building in Columbia, SC for an undisclosed price.

Located off I-77 and Farrow Road at 101 Business Park Blvd., the building is anchored by Palmetto Health and Greenville Health System. The system’s Orthopedic Center occupies the entirety of the second floor. The building also features physical rehabilitation and a full-service, walk-in urgent care clinic with on-site x-ray availability, fluoroscopy services, casting services, durable medical equipment fitting and treatment procedures for urgent orthopedic matters.

Roger Winn of Trinity Partners represented the undisclosed seller in the transaction. First National Bank provided acquisition financing for the deal. As the new owner-operator of the building, Flagship will provide property and asset management services, as well as oversee accounting and lease administration.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition