Global Medical REIT made a series of acquisitions between March 31 and May 26, 2017, including Flower Mound, Texas-based Lone Star Endoscopy Center.
Here are four key points on the ASC deal:
1. The surgery center is 10,062 square feet.
2. Lone Star Endoscopy Center is a joint venture between Texas Digestive Disease Consultants, one of Texas' largest gastroenterology groups, and Baylor Scott & White Health and United Surgical Partners International.
3. Global Medical REIT acquired the center for a $4.05 million purchase price.
4. The deal's capitalization rate is 7 percent.