Orlando – April 22, 2026 – CBRE is pleased to announce that it facilitated the sale of the United Digestive Surgery Center Portfolio, a 29,582-square-foot portfolio consisting of two ambulatory surgery centers (ASCs), to BGO. Currency Circle Surgery Center is located at 835 Currency Circle, Lake Mary, Florida, and Wellness Avenue Surgery Center is located at 2863 Wellness Avenue, Orange City, Florida, which are both less than 30 minutes from downtown Orlando.
Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets to act as the exclusive advisors to the seller, Harrod Healthcare Real Estate.
Currency Circle Surgery Center is a 14,532-square-foot ASC that was completed in 2023 and features one operating room, two procedure rooms and 12 pre-op and post-op recovery bays. Wellness Avenue Surgery Center is a 15,050-square-foot ASC that was built in 2022 and features one operating room, three procedure rooms and 16 pre-op and post-op recovery bays. The surgery centers are accredited by the Accreditation Association for Ambulatory Health Care (AAAHC) and outpatient gastroenterology procedures include colonoscopy, EGD, capsule endoscopy and advanced therapeutic endoscopy. Both facilities include an outpatient clinic operated by United Digestive, the nation’s largest gastroenterology-focused provider platform. The portfolio is fully leased by United Digestive’s MSO under long-term, triple-net leases, and the surgery center operations are subleased to a joint venture owned by United Surgical Partners International (USPI), United Digestive, and physicians. USPI, an industry-leading operator of more than 520 ambulatory surgery centers and a wholly owned subsidiary of Tenet Healthcare (NYSE: THC), brings significant operational expertise and scale to the partnership.
“These assets are strategically leased to one of the nation’s leading GI focused platforms, United Digestive, with a leading ASC operator, USPI, offering a long-term WALT,” said Brannan Knott, CBRE’s Executive Vice President of the U.S. Healthcare Capital Markets practice. “BGO has acquired a portfolio with ideal tenancy that has committed long-term to each property and made significant tenant investments.”
The locations of each asset are positioned in high-barrier, supply constrained submarkets in the OrlandoMSA, where high development costs and regulatory complexity create significant barriers to new ASC entrants. Lake Mary, Florida, is served by only two ASCs, with Currency Circle Surgery Center as the sole GI-focused facility. Currency Circle offers immediate access to Interstate 4 and State Road 417, two of Central Florida’s most critical transportation arteries, and is proximate to the 124-bed Orlando Health Lake Mary Hospital and the 398-bed AdventHealth Altamonte Springs. Orange City, Florida, is served by only three ASCs, with Wellness Avenue Surgery Center as the sole GI-focused facility.
Wellness Avenue is located just minutes from Interstate 4, offering seamless access to Orlando and Daytona Beach, and is adjacent to the 225-bed AdventHealth Fish Memorial Hospital. The Orlando MSA is forecasted among the fastest‑growing retirement markets, implying continued proceduredemand in Central Florida’s catchment area, supported by 5-year population growth of 5% within a 5-mile radius and 14% growth forecast in the 65+ demographic (source: CBRE Research, Esri).
About the purchaser, BGO
BGO is a leading global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $90 billion USD of assets under management (as of December 31, 2025) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 25 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where it invests in and manages real estate assets on behalf of its clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
The assets under management shown above include real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment. For more information, visit: www.bgo.com.
About the seller, Harrod Healthcare Real Estate
Harrod Healthcare Real Estate (“HHRE”) is a vertically integrated provider of healthcare real estate services. It works closely with its clients on strategy, design, feasibility, project management, development, investment and asset management. Formed in 2012 as an affiliate of Harrod Properties, HHRE is based in Tampa, Florida, with offices in Nashville and Dallas. For more information, visit: www.harrodhealthcare.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.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
