Memphis, Tenn.-based OrthoSouth sold its medical office building and ASC to real estate investment firm Capital Square in a sale/leaseback transaction for $15 million, the Memphis Business Journal reports.
What you should know:
1. The practice sold its 16,750-square-foot medical office building and its 13,156-square-foot ASC.
2. OrthoSouth reached an agreement with the buyer to continue operating out of the building.
3. The medical office building sold for $9 million and the ASC sold for $6 million.