CenterOne Surgery Center sells for $25.7 million

Ohio-based Welltower bought the Deerwood Park medical building as part of the CNL Healthcare Properties portfolio.

Featured In: Jax Daily Record
Article By: Daily Record Staff
Publish Date: May 21, 2019
Original Article: Click here.

Welltower Inc. and CNL Healthcare Properties announced May 15 that Welltower completed the purchase of a Class A health care facilities portfolio for $1.25 billion.

That included the CenterOne Surgery Center medical office building at 10475 Centurion Way N. in Deerwood Park for $25.7 million. The three-story, almost 100,000-square-foot building was developed in 2006.

It was assessed for tax purposes at almost $17.6 million.

“The sale of our 55 building, Class A medical office portfolio to Welltower represents a strong, early value realization step for CNL Healthcare Properties and our approximately 45,755 stockholders,” said Stephen Mauldin, president and CEO of CNL Healthcare Properties, in the release.

Welltower is based in Toledo, Ohio. CNL and Welltower are real estate investment trusts.