Catalyst HRE acquires $150M healthcare portfolio with surgery centers

Pensacola, Fla.-based Catalyst Healthcare Real Estate acquired a 21-property healthcare portfolio for $150 million, Rebusiness Online reported.

Here are four details to know:

1. The portfolio totals 530,182-square-feet and has locations across eight states. The properties are located in Florida, Tennessee Georgia, Texas, Virginia, Indiana, Illinois and North Carolina.

2. Regional and hospital orthopedics, neurology, oncology and surgical practices, including Galletin, Tenn.-based Patient Partners Surgery Center, make up 40 percent of the portfolio's leased space.

3. Internal medicine and primary care practices represent 33 percent of the leased space Gastroenterology and women's health represent 10 percent of the leased space.

4. The remaining space is leased to physical therapy, behavioral health, pain management and imaging providers.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast