In 2021, Flagship successfully acquired the 24,757 square foot ambulatory surgery center located at 1801 South 17th Street in Wilmington, North Carolina. Fully leased by Wilmington SurgCare, a joint-venture partnership between Surgery Partners and physician owners, the Property is a true multi-specialty surgery center and currently has 7 operating rooms with plans for future expansion with 3 additional operating rooms. Surgery Partners is a leading operator of surgical facilities and ancillary services with more than 180 locations nationwide.

The Property is well-positioned in the heart of Wilmington, about half a mile north of New Hanover Regional Medical Center (NHRMC) – the largest and most dominant hospital in Wilmington. NHRMC was recently acquired by Novant Health to facilitate their expansion into the Wilmington Market.