ERE Healthcare Real Estate Advisors (“ERE”) is pleased to announce the successful sale-leaseback of a flagship orthopedic medical facility serving Saline County, Arkansas and the surrounding communities.
Arkansas Bone & Joint (“Ark Bone”) is a comprehensive orthopedic practice with more than 65 years of history serving the southeast suburbs of Little Rock and much of Central Arkansas. In 2012, the practice developed its flagship facility along a major highway corridor, providing convenient access to Little Rock. The property features a state-of-the-art clinic, MRI suite, and physical therapy floor.
Over time, the surrounding area experienced significant medical development, including the construction of a new hospital with surgical center space and additional medical office buildings. As a result, the Arkansas Bone & Joint facility effectively became an on-campus location, materially enhancing the value of the real estate owned by the physician partners. With strong market activity in late 2021 and growing interest in the surrounding area, the physicians sought to evaluate a strategic monetization of the asset.
ERE was engaged to explore a sale-leaseback strategy, with a focus on identifying experienced healthcare real estate buyers who understood the intrinsic value of a single-tenant, freestanding facility located adjacent to a hospital campus. ERE advised on a sustainable lease rate and terms designed to support long-term practice stability while maximizing real estate value. ERE conducted a discreet marketing process, generating multiple qualified offers and ultimately guiding the physician partnership through a successful transaction at a premium valuation.
The transaction was lead by Collin Hart and Marc Flynn.
