SOUTHPORT, NC – January 4, 2018 – Flagship Healthcare Properties has acquired Dosher Wellness Center located at 3009 Medical Plaza Lane Southport, North Carolina. The new Class A, ± 25,500 square foot medical office building (“MOB”) was recently developed as a build-to-suit and is fully leased by Dosher Memorial Hospital.

”Flagship is pleased to expand our presence in the coastal Carolinas and we look forward to growing our relationship with Dosher Memorial Hospital.” says Russell Brown, Senior Vice President of Investments with Flagship Healthcare Properties. “This asset’s superb location in the thriving St James Plantation community, its ease of accessibility, and strong tenancy make it an exciting addition to our portfolio.”

Completed in 2016, Dosher Wellness Center is located adjacent to the rapidly growing St. James Plantation, home to more than 4,500 residences. The MOB is fully-leased by Dosher Memorial Hospital and was developed to help Dosher provide quality care to the large market of St. James, Oak Island, and greater Brunswick County. Dosher Memorial Hospital is a Critical Access community hospital that has served Brunswick County and the surrounding area for over 85 years.

”St James Plantation is pleased to welcome Flagship Healthcare Properties into the St. James family. When we developed the Dosher Wellness Center, we knew we wanted to find a first class firm to ultimately own and manage the property. Flagship will be a valuable part of the St. James landscape for years to come.” stated Bobby Masters, General Manager Real Estate at St. James Plantation.

About Flagship Healthcare Properties
Flagship Healthcare Properties, LLC (“FHP”) is a fully integrated commercial real estate firm focused on healthcare and professional office properties. FHP was formed in 2010 through the combination of two legacy firms with roots dating back to 1985.
FHP provides its clients a full range of real estate services including investment and capital solutions; development; property sales, leasing, and marketing; and facilities, property, and asset management. FHP operates an integrated platform, having developed over 1.6 million square feet and currently managing, directly or indirectly, more than 3 million square feet of primarily healthcare-related office space across more than 100 properties throughout the Southeast and Mid-Atlantic.