Category Archives: Press Releases

Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.

Flagship Healthcare Properties Delivers Medical Office Building to Caldwell UNC Health Care CHARLOTTE, N.C. (March 11, 2019) — Flagship Healthcare Properties (Flagship) is pleased to announce the completed construction of an 11,000-square-foot medical office building (MOB) for Caldwell UNC Health Care (Caldwell), located on Connelly Springs Road in Cajah’s Mountain, N.C. Construction of the project […]

Flagship Healthcare Properties Delivers Medical Office Buildings in Southwest Charlotte, NC

CHARLOTTE, NC – February 26, 2019 – Flagship Healthc­­are Properties, LLC (“Flagship”) announced that it has completed construction of two 9,000-square-foot medical office buildings (“MOBs”) in Berewick Town Center, a 1,200-acre master-planned community located eight miles southwest of uptown Charlotte. The buildings are located adjacent to Solis Berewick at the northwest corner of Dixie River Road and […]

FLAGSHIP HEALTHCARE TRUST ACQUIRES LEXINGTON KENTUCKY PORTFOLIO

LEXINGTON, KY – January 3, 2019 –Flagship Healthc­­are Trust, Inc. (”Flagship REIT”) announced that it has acquired the Lexington Clinic Portfolio in Lexington, Kentucky. The 144,247 square foot portfolio consists of five medical office buildings (“MOB”) fully leased by Lexington Clinic on a long-term basis. “As we expand into a new market, the acquisition of […]

FLAGSHIP HEALTHCARE TRUST COMPLETES NORTH CAROLINA ACQUISITION

CONCORD, NC – December 17, 2018 – Flagship Healthcare Properties (“Flagship”) announced today on behalf of  its private REIT, Flagship Healthcare Trust, Inc. (”Flagship REIT”), that the REIT has acquired a Class A medical office building (“MOB”) in Concord, North Carolina. Located at 66 Concord Lake Road, directly across from Carolinas Healthcare System NorthEast, the […]

Flagship Healthcare Properties Appoints Vice President and Director of Investor Relations

CHARLOTTE, NC – December 3, 2018  –  Flagship Healthcare Properties, LLC (“Flagship”) is pleased to announce that Alexis Budge has joined the firm as Vice President and Director of Investor Relations. Alexis will work closely with the other members of Flagship’s Investor Relations team, Ryan Judson and Downie Saussy to expand the investor base of the firm’s […]

Flagship Healthcare Trust Makes Acquisition in Alabama

TUSCALOOSA, AL – October 31, 2018 –  Flagship Healthcare Properties (“Flagship”), manager of the private REIT Flagship Healthcare Trust, Inc. (“Flagship REIT”), announced today that the REIT has acquired a Class A ambulatory surgery center (“ASC”) & medical office building (“MOB”) in Tuscaloosa, Alabama. Located at 1400-1406 McFarland Boulevard North, the roughly 20,000 square foot ASC features […]

Flagship Healthcare Properties & OrthoCarolina Grow Relationship

CHARLOTTE, NORTH CAROLINA – October 2, 2018 –  Flagship Healthcare Properties (“Flagship”), announced today that the firm has expanded its property management and building engineering relationship with OrthoCarolina to over half a million square feet. Beginning with a single property management assignment on a property that was occupied by OrthoCarolina in 2009, Flagship was retained as […]

Flagship Healthcare Trust Acquires Wilmington, North Carolina Medical Office Building

WILMINGTON, NC – August 07, 2018 – Flagship Healthcare Properties (“Flagship”), manager of private REIT Flagship Healthcare Trust, Inc. (”Flagship REIT”), announced today that the REIT has acquired a Class A medical office building in Wilmington, North Carolina. Located at 2800 Ashton Drive, the two story, 21,417 square foot medical office building was developed in […]

Flagship Healthcare Trust Announces New Senior Secured Credit Facility

CHARLOTTE, NORTH CAROLINA – AUGUST 9, 2018 – Flagship Healthcare Trust, Inc. (“Flagship REIT”) announced that it has entered into a new secured term and revolving credit facility with Bank of America, N.A. (the “Secured Credit Facility”). This Secured Credit Facility provides the ability to increase Flagship REIT’s borrowing capacity up to $125 million through an accordion […]

Flagship Healthcare Properties Grows REIT Portfolio with Tennessee Acquisition

KNOXVILLE, TENNESSEE – JULY 30, 2018 – Flagship Healthcare Properties is pleased to announce it has acquired for its private REIT portfolio, the Knoxville Dermatology Group medical office building in Knoxville, Tennessee. The two story, 28,000 square foot, state-of-the-art medical office building was developed in 2015 and is occupied by Knoxville Dermatology Group, one of the largest […]