Real estate investment trust Welltower purchased Jacksonville, Fla.-based CenterOne Surgery Center's medical office building for $25.7 million from CNL Healthcare Properties, the Jacksonville Daily Record reports.
What you should know:
1. The three-story medical office building is around 100,000 square feet.
2. CNL sold the medical office building to Welltower as part of a $1.25 billion property bundle.
3. CNL Healthcare Properties President and CEO Stephen Mauldin said, "The sale of our 55-building, class A medical office portfolio to Welltower represents a strong, early-value realization step for CNL Healthcare Properties."