Flagship Healthcare Properties Announces Acquisition in Hickory, North Carolina

Flagship Healthcare Properties (Flagship) announces the addition of a 45,390-square-foot, Class A medical office building and ambulatory surgery center (ASC) to its private real estate investment trust portfolio. Located at 214 18th Street SE in Hickory, N.C., and fronting Tate Boulevard SE, the building is fully leased by OrthoCarolina and Frye Surgery Center. OrthoCarolina, one of the nation’s largest and most reputable orthopedic practices, leases 72%, or 32,522 square feet. Services and capabilities offered at OrthoCarolina include physical therapy, urgent care, mobile on-site MRI, foot and ankle pain, hand surgery, joint replacement, spine care, and physiatry and sports medicine. The property is also home to Frye Surgery Center which leases 28%, or 12,868 square feet.

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Source: https://flagshiphp.com/flagship-healthcare-properties-announces-acquisition-in-hickory-north-carolina

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