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Flagship Healthcare Expands Portfolio with Charlotte Acquisition
Flagship Healthcare Properties expanded its Charlotte, NC portfolio with the acquisition of Charlotte Surgery Center, Museum Campus. The 19,767-square-foot ambulatory surgery center (ASC) is located at 2825 Randolph Rd. Flagship acquired the property through its private real estate investment trust, Flagship Healthcare Trust, Inc. Flagship will provide asset and property management services.
Flagship’s Gerald Quattlebaum says, “The recently completed renovation and expansion will allow these physicians to meet the growing demand for outpatient surgery in the heart of Charlotte.”
The ASC was originally built in 1984, and was most recently expanded and renovated in 2019. The Charlotte Surgery Center practice was formed 35 years ago and has grown to include general surgery, gynecology, ophthalmology, orthopedic, plastic, podiatry, and urology practices, with over 50 surgeons and physicians. Surgical Care Affiliates (SCA) is the manager of Charlotte Surgery Center.
Tiffany Slayden represented Flagship in this transaction. Financing was provided by First National Bank.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
