February 9, 2022 — ASCs Inc. and JH Winokur, Inc. are pleased to announce the closing of a healthcare real estate sale-leaseback transaction for the Houston Orthopedic Surgery & Sports Medicine, Middle Georgia Orthopedics and Houston Orthopedic Surgery Center building located in Warner Robbins, Georgia. The 34,697 square foot building is home to the county’s dominant orthopaedic practices.
The facility is home to an ambulatory surgery center, physical therapy, MRI, imaging, clinic space and pharmacy. The building has 29 exam rooms in 5 clinic PODS, 1 EMG room, 2 X-ray rooms, 1 Fluoroscopy room, 2 cast room, 7 bays and 2 Operating Rooms.
The real estate was sold under a single long-term absolute NNN master lease. The master lease allows the tenant to have future flexibility for its many business entities and separate business lines within the building.
"One of the most important considerations for physician-owners of healthcare real estate is the impact the sale, lease and rent rates will have on the on the total value of the organization’s assets, which in this case include interests in the group practice, surgical facility and ancillary services," states Jon Vick, ASCs Inc. Founder and Managing Partner.
“By creating an exceptional marketing packaging and introducing the opportunity to a vast number of real estate buyers on a local, regional and national level, we were able to create an auction-like process that enabled the physician-owners to get maximum value for the real estate” states broker Jason Winokur, EVP of JH Winokur, Inc.
Many ASC owners are considering the sale-leaseback of their ASC real estate to provide liquidity, diversify their assets or simply to take advantage of the high premium prices medical real estate buyers are paying for quality medical buildings under long-term leases.
About ASCs Inc. (www.ascs-inc.com) and J.H. Winokur (www.jhwinokur.com)
For over 20 years the industry leading team at ASCs Inc. has represented the best interests of physician-owners of more than 300 surgery centers, surgical hospitals and group practices that have sold an interest in their business or real estate. ASCs Inc. enables clients to realize maximum value for their assets by positioning, marketing and managing the complex and time consuming sales process.
The real estate division of ASCs Inc., headed by real estate expert and broker J. H. Winokur, specializes in medical property real estate and valuations, and has managed more than $3B in transactions. By leveraging their expertise and knowledge and extensive local, regional and national buyer network they ensure clients realize the absolute best outcome when selling their real estate.