Category Archives: Dispositions

FLAGSHIP HEALTHCARE TRUST SELLS MEDICAL OFFICE BUILDING IN COVINGTON, LA

Sale occurs after leasing the property to stabilization, providing the opportunity to recycle capital CHARLOTTE, N.C. (November 18, 2021) — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has sold a medical office building (MOB) in Covington, Louisiana. The sale price was not disclosed. The property, Covington Medical Arts Pavilion, is […]

FLAGSHIP HEALTHCARE TRUST SELLS MEDICAL OFFICE BUILDING IN CARY, NC

CHARLOTTE, N.C. (October 27, 2021) — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has sold a medical office building (MOB) in Cary, North Carolina. The sale price was not disclosed. The property, Triangle Medical Center, is a Class A MOB located at 400 Ashville Ave. in close proximity to WakeMed […]

FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING

FREDERICKSBURG, VA – January 25, 2018 – Owners Flagship Healthcare Properties (“Flagship”), together with Drake Real Estate Partners (“Drake”), have sold Lee’s Hill Medical Plaza, a class “A” medical office building and free-standing emergency department located at 10401 Spotsylvania Avenue in Fredericksburg, Virginia. The ±72,255 square foot medical office building (“MOB”) is anchored by the […]