News Release: Just Sold – Doctor’s Center of Spartanburg

December 31, 2020

CBRE Healthcare & Life Sciences Capital Markets

Just Sold

Doctor’s Center Of Spartanburg

Spartanburg, South Carolina

Transaction Highlights

Date Sold: 12/29/2020

Size: 65,143 Sf

Occupancy: 80%

Doctor’s Center Of Spartanburg

CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Doctor’s Center of Spartanburg (the “Property”). Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany and Zack Holderman partnered with Patrick Gildea and Matt Smith of CBRE Carolinas Institutional Properties and Charles Gouch of CBRE Greenville to act as the seller’s exclusive advisors.

Doctor’s Center of Spartanburg is located in Spartanburg, South Carolina, approximately 75 miles west of Charlotte and 31 miles east of Greenville. The Property is strategically positioned adjacent to Spartanburg Medical Center, the 540-bed flagship acute-care facility for Spartanburg Regional Healthcare System, an integrated healthcare delivery system that includes five acute care hospitals, over 9,000 employees, 700 physicians on staff and over 200,000 emergency center visits per year.

The Property is currently 80% leased to three tenants, including Spartanburg Regional Healthcare System (Moody’s ‘A3’) and the Urology Center of Spartanburg (UCS), the largest urology practice in the Upstate region of South Carolina. UCS provides an onsite diagnostic lab, state-of-the-art imaging capabilities including X-ray and CT scans, and pathology lab. The Property is also home to the Spartanburg Surgery Center, a multi-specialty ambulatory surgery center operated by Surgical Care Affiliates (SCA) with four operating rooms and two procedure rooms.

For more information, or if we can help with your healthcare real estate holdings, please contact us.

CBRE U.S. Healthcare & Life Sciences Capital Markets

LEE ASHER

Vice Chairman
Investment Properties
+1 404 504 5965

CHRIS BODNAR

Vice Chairman
Investment Properties
+1 303 628 1711

JORDAN SELBIGER

Director
Investment Properties
+1 404 923 1259

RYAN LINDSLEY

Senior Director
Investment Properties
+1 303 628 1745

SABRINA SOLOMIANY

First Vice President
Debt & Structured Finance
+1 404 536 5054

ZACK HOLDERMAN

Senior Vice President
Debt & Structured Finance
+1 858 546 4670

CBRE Carolinas Institutional Properties
PATRICK GILDEA
Executive Vice President
+1 704 331 1217
patrick.gildea@cbre.com

MATT SMITH
Senior Associate
+1 704 331 1286
matthew.smith@cbre.com

CBRE Greenville
CHARLES GOUCH
Senior Vice President
+1 864 5276035
charles.gouch@cbre.com

www.cbre.us/cm-healthcare

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