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October 17, 2022

BGL Announces the Real Estate Sale of Gastroenterology Health Partners

Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of Gastroenterology Health Partners, totaling approximately 20,544 rentable square feet in New Albany, Indiana, to Flagship Healthcare Properties. BGL’s Healthcare Real Estate team served as consultants to the seller in the transaction.

Gastroenterology Health Partners, a division of OneGI, is the largest independent gastroenterology group in the region with 18 physicians, 12 advanced practice providers, and four locations spread across Louisville, Lexington, and Southern Indiana. The New Albany location is its home base, with 13 providers offering in-office pathology, research, infusion, and motility services. In addition to services provided in the office, the group offers a wide array of additional procedures such as upper and lower endoscopy, ERCP, percutaneous endoscopic gastrostomy tubes, endoscopic mucosal resection, endoscopic ultrasound, and ablation procedures at various surgical centers and hospitals in the surrounding area.

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.