Healthcare Sale-leaseback Transactions
Provide Many Benefits to the Seller

J.H. Winokur represents physician owners of healthcare facilities in achieving their financial goals through
the sale-leaseback of their healthcare real estate. Learn more about our medical properties sold and contact us to discuss
how we can help you achieve your goals with your healthcare real estate.


Healthcare Real Estate Sold by J.H. Winokur



Avala Hospital | Covington, Louisiana

Sale-leaseback of 60,087 square-foot surgical hospital with 21 Beds, 8 Operating Rooms, 3 Procedure Rooms, state-of-the-art imaging, robot-assisted surgery and minimally invasive spine surgery. Prior to the sale-leaseback, Avala completed an extensive Class A renovation and expansion of the facility. The property was sold under the terms of a long-term absolute NNN master lease.


Wellness Ambulatory Surgery Center

Wellness Ambulatory Surgery Center | McKinney, Texas

Sale-Leaseback of free-standing, state-of-the-art, new construction ambulatory surgery center. The facility has 4 Operating Rooms, 1 Procedure Room and 20 pre-op/recovery beds with 5 private rooms for overnight stays. The physician-owned surgery center was sold to a private investor in a 1031 exchange.


Baptist Eye Surgery Center | Sunrise, Florida

Sale-Leaseback of free-standing eye surgery center located at a prime location in Broward County. The surgery center, a partnership between Baptist Health South Florida and 11 physicians, was sold to a private investor in a 1031 exchange.


Houston Orthopedic Surgery Center | Warner Robbins, Georgia

Sale-Leaseback of 34,697 square foot orthopedic surgery center, sports medicine, imaging center, outpatient physical therapy and orthopedic clinic. The property was sold under the terms of a 15-year absolute NNN lease at closing.


Hauser-Ross Eye Institute - Sycamore, Illinois

Sale-Leaseback of a 36,100 square foot ambulatory surgical center, medical practice, optical shop, and spa. Tenant signed a new 20-year NNN lease at closing. The property was purchased by a Real Estate fund in a 1031 tax exchange.


South Florida Radiation Oncology

South Florida Radiation Oncology | Florida

Sale-Leaseback of six locations of South Florida Radiation Oncology (SFRO), majority-owned by 21st Century Oncology. Properties located in Boynton Beach, Palm Beach Gardens, Jupiter and Wellington. The tenant signed a new 15-year absolute NNN lease with a real estate investment trust at closing of Escrow.


Zion Eye Institute

Zion Eye Institute | St. George, Utah

Sale-Leaseback: The Zion Eye Institute is the largest eye surgery center in Southern Utah. The property features a thriving multi-specialty ambulatory surgery center and eye clinic, which signed a new 12-year master lease with a Real Estate Investment Trust at closing of Escrow.


Thousand Oaks Surgery Center | Thousand Oaks, California

Sale-Leaseback of free-standing, 4 Operating Rooms multi-specialty ambulatory surgery center. The facility has 16 pre-op/recovery beds with 2 private rooms for overnight stays. The physician-owned neurosurgery, spine, orthopedic and pain management, and injury relief center was sold under the terms of a long-term master lease to a real estate private equity firm in a 1031 exchange.


Fellowship Medical Center | Mount Laurel, New Jersey

Sale of MD Anderson Cancer Center, Cooper University HealthCare CyberKnife and Fellowship Surgical Center property. Cooper Health Systems extended its long-term net lease more than 10 years, and Fellowship Surgical Center signed a new 15-year lease at closing. Cooper University Health is one of the most trusted health systems in the region, handling more than 1.4million outpatient visits annually.


Coral Gables Surgery Center | Miami, Florida

Sale of ambulatory surgery center leased to USPI/Tenant Healthcare 1/4 mile from Coral Gables Hospital. Coral Gables Surgery Center was just ranked #7 best ASC in the United States by Newsweek and Statista. The property was purchased by a private investor in a 1031 exchange.


Southwest Virginia Cancer Center | Norton, Virginia

Wellmont Health Systems signed an original 15-year NNN lease at this 20,000-square-foot cancer treatment center. The real estate was purchased by the area's dominant hospital.


North Tarrant Family Practice | Fort Worth, Texas

North Tarrant Family Practice Associates, a highly successful practice, signed a new 8-year net lease. The property was purchased by a private investor.


Surgery Center of Mt. Dora | Mt. Dora, Florida

Sale-Leaseback of the Surgery Center of Mt. Dora, a joint venture between a group of physicians and Regent Surgical, signed a new 12-year NNN lease with an investment company at closing.


Alliance Seminole Hospital | Seminole, Oklahoma

NNN Lease: Alliance Seminole Medical Center is a 42,668-square-foot hospital with 32 private rooms. Part of the Alliance Health System, the lease was guaranteed by Integris Health, and the property was sold with an existing 20-year absolute NNN lease to a private investor.


Somerset Oncology - Somerset | Pennsylvania

Free Standing Oncology Center built on a hospital campus, leased to Allegheny General Hospital/West Penn Allegheny Health System, which signed an original 10-year NNN lease. The property was purchased by an investment company.


Integer Greatbatch | Trenton, Georgia

60,000 square-foot building leased to Integer, a global leader in the design and development of medical devices. The property was sold under the terms of a long-term net lease to an investment fund.


Ceres Veterinary Clinic Animal Hospital | Ceres, California

Sale-leaseback of newly renovated animal hospital completed simultaneous to the sale of the business to a larger veterinary consolidator. The property was sold to a private investor in a 1031 exchange.


Coastal Cyberknife | Fort Pierce, Florida

Sale-Leaseback of Coastal Cyberknife Radiation under the terms of a new absolute net 15-year lease with a Real Estate Investment Trust at closing of Escrow. 


MedExpress Urgent | Bristol, Tennessee

Newly constructed 5,270 square foot urgent care facility. MedExpress has 135 locations in 11 States. MedExpress signed an original 10-year NN lease. The property was purchased by a family trust.


Charlotte Surgery Center | Port Charlotte, Florida

Port Charlotte Endoscopy Center, a partnership between a group of doctors and USPI, signed a new 15-year NNN lease. The property was sold to a 1031 buyer.


Coastal Radiation Oncology | Vero Beach, Florida

Coastal Radiation Oncology was sold under the terms of a new 15-year NNN lease with a Real Estate Investment Trust at closing of Escrow.


Pathologists Consultant of America | Columbia, Tennessee

Absolute NNN sale-leaseback of free-standing pathology laboratory. The physician-owned and operated lab was sold to a private investor under the terms of a new long-term lease.


SurgCenter of Greenbelt | Greenbelt, Maryland

Sale-leaseback of multi-specialty surgery center located 5 miles to University of Maryland and 11 miles to downtown Washington D.C. The surgery center tenant, a partnership between a group of physicians and SurgCenter development extended the lease 10 years at closing.


Digestive Health Center | Sarasota Florida

13,362 square-foot MOB leased to Suncoast Endoscopy, part of Florida Digestive Health Specialists, and Gastroenterology Associates of Sarasota. Located off S. Tamiami Trail, the property faces Sarasota Memorial Hospital. The property was purchased by a private investor in a 1031 exchange.


Coastal Spine | Mount Laurel, New Jersey

Sale-Leaseback of the flagship location of South Jersey’s largest spine group. The site is one of the only spine centers in the northeast to combine spine-specialized orthopedists, neurosurgeons and physical medicine physicians under one roof. A private investor purchased the property under the terms of a new 15-year NNN lease at closing.


Surgery Center of Viera | Melbourne, Florida

Sale-leaseback of a renowned spine surgery center and clinic located in a growing market in the Space Coast region. The 20,000-square-foot ambulatory surgery center and Deuk Spine Institute building also provides office-based surgery, X-rays and MRI/imaging. The property was sold under the terms of a 15-year NNN lease to a Real Estate Investment Trust.


Freeman Health System Surgical Center | Joplin, Missouri

Sale of 4 operating rooms, 1 swing room and 1 procedure room multi-specialty surgery center on campus to Freeman Health Hospital Campus. The property was sold under the terms of a long-term net lease to a medical real estate investment firm.


Physicians Surgery Center | Downey, California

Sale of a two-story, free-standing ambulatory surgery center under the terms of a long-term net lease. The high-volume surgery center business is a recent partnership between SCA, OptumHealth, and a group of physicians. The real estate purchaser was a private investor seeking a passive investment.


Midwest Physicians Surgery Center MOB | Lee’s Summit, Missouri

Sale of 20,000 square-foot medical-office building 100% leased to Midwest Physicians Surgery Center, Clay Platte Summit Family and Sports Medicine, and Midwest Gastroenterology. The surgery center business is a partnership between the principals of Midwest Gastroenterology and USPI (Tenet Health). The property was purchased by a publicly traded REIT.


Lake Surgical Hospital | Slidell, Louisiana

Sale-leaseback of 59,860 square-foot ambulatory surgical hospital, majority owned by S&P investment grade Franciscan Missionaries Our Lady of the Lake and minority-owned by a partnership of physicians. The multi-specialty facility has 6 ORs, 2 Treatment Rooms, 5 Intensive Care Treatment Rooms, 17 In-patients Rooms, imaging, MRI, lab and pharmacy. The surgical hospital was sold under the terms of a long-term net lease.


Physicians Pavilion Surgery Center | Smyrna, Tennessee

Physicians Pavilion Surgery Center, a partnership between United Surgical Partners and the physicians, signed a 17-year NNN lease. The property was purchased by investors in a 1031 tax exchange.


Northway Surgery and Pain Center | Halfmoon (Saratoga), New York

Sale-Leaseback of free-standing, state-of-the-art, multi-specialty 4 OR ambulatory surgery center. The property was sold under the terms of a 15-year absolute NNN lease with the physicians maintaining a minority ownership interest in the real estate. This allowed for the physician real estate owners to receive maximum value for the property, while allowing for participation in the upside of any future real estate sale.


Premiere Building | Escondido, California

Sale of 15,105 square foot, two-story medical-office building anchored by Premiere Surgery Center. Along with the 2-OR eye surgery center, the building is also home to a number of medical practices. The buyer, a rapidly growing medical services company, also purchased the surgery center business.


University SurgiCenter | East Brunswick, New Jersey

University SurgiCenter, a five-operating-room ambulatory surgical center, consists of a partnership between a group of doctors and Surgical Care Affiliates, signed a 10-year NNN lease. The property was purchased by a private investor in a 1031 exchange.


Hanover Surgery Center | Hanover, Pennsylvania

Hanover Hospital, with its S&P investment-grade rated tenant, guaranteed a new long-term lease for Hanover SurgiCenter, a multi-specialty ambulatory surgery center. The sale-leaseback was purchased by a net-lease trust.


Dublin Surgery Center

Dublin Surgery Center | Dublin, Ohio

Dublin Surgery Center is a 14,416-square-foot ASC with 4 ORs and 2 PRs. The group created a partnership with Surgical Care Affiliates and signed a new 15-year lease. The property was purchased by a real estate investment fund.


Union County Surgery Center | Union, New Jersey

Union County Surgery Center, a partnership between a group of doctors and ASCOA, signed a new 10-year NNN lease. The property was purchased by a private investor in a 1031 exchange.


Carlisle Endoscopy Center | Carlisle, Pennsylvania

Carlisle Digestive Disease Associates and Carlisle Endoscopy Center expanded their facility and initiated a new absolute NNN 20-year lease under the terms of a sale-leaseback with a private investor.


Surgery Center of Ocala, Florida | Ocala, Florida

Sale-Leaseback of a 12,500 square foot free-standing ambulatory surgery center. The center, a joint venture between a group of physicians, Surgery Partners, and Munroe Regional Medical Center, signed a new 15-year NNN lease with a private investor at closing.


Physicians Premier Emergency Room | Round Rock, Texas

A newly constructed free-standing emergency room sold under a 20-year absolute NNN lease. The property was purchased by a private investor in a 1031 tax exchange.


Capital City Surgical Center | Tallahassee, Florida

Sale-Leaseback of surgery center located across the street from a hospital. Capital City Surgical, a partnership between a group of doctors and Covenant Surgical Partners, sold under the terms of a new 15-year NNN lease at closing.


Tanner White Medical | Abingdon, Virginia

Sale of 100% leased 13,317 medical-office building within walking distance to a hospital. The property was purchased by a private investor.


Jupiter Hematology & Oncology | Jupiter, Florida

Sale-Leaseback of Jupiter Hematology & Oncology. The oncology center was sold under the terms of a new 15-year NNN lease with a Real Estate Investment Trust at closing of Escrow.


Palm Springs Surgery Center | Palm Springs, California

Sale of free-standing ambulatory surgery center and medical clinic across the street from Regional Desert Medical Center campus. The property was purchased by a physician group.


Total Pain Care | Meridian, Mississippi

Sale-Leaseback of a 21,000 square-foot pain clinic, ambulatory surgery center, and rehab/physical therapy center. Total Pain Care is the only free-standing surgical center dedicated to pain management in the West Alabama and East Mississippi area. Sold under the terms of a new 15-year master lease at closing to a Real Estate Investment Trust.


Coastal Spine | Sewell, New Jersey

Sale-Leaseback of area’s premier spine clinic. The property was sold to a private investor under the terms of a new 15-year NNN lease at closing.


Gulf Surgery Center | Englewood, Florida

Sale-Leaseback of free-standing surgery center. The ASC is a partnership between a group of doctors and Covenant Surgical Partners, sold under the terms of a new 15-year NNN lease at closing of Escrow.


Valley Surgery Center | Steubenville, Ohio

The Surgery Center, a partnership between a group of doctors and Symbion Healthcare, signed a new 15-year NNN lease with an investment fund at closing of Escrow.


Elite Surgery Center & Tricounty Urology | Uniontown, Pennsylvania

Two tenant building leased to a growing multi-specialty ambulatory surgery center majority owned by Highlands Hospital and the area's leading urology practice. The property sold under the terms of long-term leases with both tenants.


Tuscaloosa Endoscopy Center | Tuscaloosa, Alabama

Sale-Leaseback of endoscopy/surgical center and gastroenterology practice medical-office building located near the University of Alabama. The property was sold under the terms of a new long-term net lease at closing.


East Atlanta Gastroenterology | Conyers, Georgia

Sale-Leaseback of endoscopy/surgical center and gastroenterology practice medical-office building located off I-20 just east of Atlanta. The property was sold under the terms of a new 15-year NNN lease at closing.


Grant SurgiCenter | Philadelphia, Pennsylvania

Sale-Leaseback of endoscopy/surgical center on a busy street just off Roosevelt Blvd. The property was sold to a private investor under the terms of a newly extended long-term lease.


Wellbrook Endoscopy | Covington, Georgia

Sale-Leaseback of endoscopy/surgical center and gastroenterology practice medical-office building located in a growing market east of Atlanta. The property was sold under the terms of a new 15-year NNN lease at closing.


Vista Surgical Center | Canton, Ohio

Sale of the area's dominant eye surgery center. The business is owned by Surgery Partners and a partnership of physicians. The property was sold to a private investor under the terms of a 15-year NNN lease.


Alaska Eye Surgery and Laser Center | Anchorage, Alaska

Sale-leaseback of Alaska Lasik & Cataract Center and Alaska Eye Surgery Center property located in downtown Anchorage. The property was sold to a private investor under the terms of a 12-year absolute NNN lease.


Aria Health | Philadelphia, Pennsylvania

Sale of gastroenterology clinic leased to Aria Health, the largest healthcare provider in northeast Philadelphia and Lower Bucks County. The real estate was purchased from the physician owners by a private investor.


Palm Beach OBGYN MOB | Lake Worth, Florida

Sale of Women’s Care, Palm Beach OB-GYN and Laser Skin & Wellness anchored medical-office building, located next to Select Specialty Hospital Palm Beach campus. The property is also just 1/2 mile from JFK Medical Center, a 486-bed facility with over 500 physicians.


Advanced Endoscopy Pain & GI Center | Lancaster, California

Sale of two-tenant gastroenterology clinic and endoscopy and pain surgery center leased to Covenant Physician Partners. The property, located across the street from Antelope Valley Hospital, was sold to a REIT.


Gulf Professional Center | Englewood, Florida

100% leased to physician practices, this 10,000 square-foot medical-office building is located in a growing market. The property was purchased by a group of private investors.


Chesen Laser Eye Center | West Reading, Pennsylvania

Sale-leaseback of the only permanent onsite laser eye center in Berks and Lancaster County. Sold under the terms of a new long-term lease, the property was purchased by a private investor.


Red River Surgery Center | Shreveport, Louisiana

Sale of multi-specialty surgery center with 24 physicians. The surgery center business, a partnership with AMSURG, had renewed the lease multiple times. A private investor in a 1031 exchange purchased the property from the original physician developer.