California building with Sutter Health ASC doubles in price

A four-story medical office building has sold in East Sacramento, Calif., doubling in price in just 13 years, according to a July 8 report from the Sacramento Business Journal.

The property was sold for $45.55 million to Ohio-based real estate investment firm Welltower. About 80% of the facility is leased to Sacramento, Calif.-based Sutter Health. 

Sutter houses an ASC, family medicine, internal medicine urgent care and lab services in the building. 

The 103,652-square-foot building most recently sold in 2011 for $21.3 million. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Webinars

Featured Whitepapers

Featured Podcast