Physician Transaction Advisors (formerly ASCs Inc.) and JH Winokur, Inc. are pleased to announce the closing of a healthcare real estate sale-leaseback transaction for the Serra Medical Plaza, a 13,000 square-foot two-story medical office building (MOB) in Thousand Oaks, California. The Property was built-to-suit in 2014 and is 100% leased to Thousand Oaks Surgery Center (TOSC) – a leading multi-specialty surgery center in Ventura County with 4 operating rooms ideally located off the 101 freeway in Thousand Oaks. The facility also houses a pain management and injury relief clinic that offers state-of-the-art treatments and advanced procedures for treating chronic pain conditions.

TOSC is operated by a group of well-established physicians with more than 50 years of combined medical management and surgery center experience. The practice is widely known for the high quality of care and unparalleled level of service they provide. Additionally, TOSC is accredited by AAAHC and is Medicare certified with the capabilities, equipment, and support to compete with the nation’s top-tier medical providers.

TOSC sets the standard for outpatient procedures across multiple medical specialties including Bariatric Surgery, General Surgery, Neurosurgery, Orthopedic Surgery, Otolaryngology, Pain Management, Plastic Surgery, Podiatry, Spine Surgery, Urology, and Vascular Surgery.

The real estate was sold to a private equity firm under the terms of a single long-term absolute NNN master lease. The lease allows the tenant to have future flexibility for its business entities and separate business lines within the building. The rent was not changed as a result of the transaction.

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 Physician Transaction Advisors & J.H. Winokur (www.jhwinokur.com)

For over 20 years the industry leading team at Physician Transaction Advisors (formerly 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. Physician Transaction Advisors enables clients to realize maximum value for their assets by positioning, marketing and managing the complex and time-consuming sales process.

Real estate brokerage firm 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.