January 8, 2024
Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of the Dermatology & Skin Surgery Center of North Carolina, totaling approximately 6,746 rentable square feet in Asheboro, North Carolina, to TM Medical Properties, LLC. BGL’s Healthcare Real Estate Investment team served as consultants to the seller in the transaction.
The Dermatology & Skin Surgery Center performs a wide variety of services related to clinical dermatology, surgical dermatology, MOHS surgery, melanoma, moles, cysts, and other skin growths. Due to continued growth, the practice now has 17 providers and six practice locations in Asheboro, Seven Lakes (West End/Pinehurst), Kernersville, Thomasville, Albemarle, and Cary. The Asheboro location, led by Dr. Todd Williams and Dr. Steve Kimmel, averages 115 patients a day Monday through Thursday, and an average of 50 patients on Friday, totaling an average case volume of 510 patients per week.
BGL’s Healthcare Real Estate Investment team is a leading advisor to private and institutional healthcare organizations, offering capital market strategies and solutions, including sale/leaseback transactions, asset disposition, debt/equity recapitalization, private placement, and tax-deferred UPREIT structures. With our investment banking and brokerage professionals working together seamlessly to ensure fluid transactions, we help our clients maximize their healthcare real estate investment and valuation.
For additional information, please contact:
CLINTON J. PARKER
Managing Director
Healthcare Real Estate
210.920.6617
Cparker@bglco.com
JOHN C. RIDDLE
Head of Healthcare
& Life Sciemes
312.65g.z,75g
jriddle@bglco.com
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
