Oct
18

Hilton Head Surgery Center Sold

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medical building clipartCommercial real estate investment services firm Marcus & Millichap has sold the Outpatient Surgery Center of Hilton Head for a record $8 million.

The 19,729-square-foot multi-specialty surgery center was built in 2004. It contains three operating rooms, two procedure rooms and two endoscopy suites. The sale price — $405.49 per square foot — was a record for a Hilton Head medical office building.

Marcus & Millichap arranged the sale of the building for the physician owners. Investment advisers in the Atlanta and Charleston offices brought several offers to the owners. It was sold it to a private investor, who was also located by Marcus & Millichap professionals. A long-term lease is in place.

Categories : Hilton Head Island

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