Real estate investment manager BGO has acquired EmergeOrtho Southpoint, an outpatient building with an ambulatory surgery centre in Durham, North Carolina.

The fully leased, two-storey, class-A medical building was built in 2020 and located within the Triangle region of Durham, Raleigh and Chapel Hill.

The 35,171sqft property is 100% leased to EmergeOrtho, a North Carolina orthopaedic group.

“EmergeOrtho Southpoint represents a high-quality addition to our medical outpatient building portfolio in one of the Southeast’s most dynamic markets,” said Kevin Yen, principal of investments at BGO.

“The property’s proximity to leading medical institutions and its long-term lease with a top-tier orthopedic provider bolster its strong positioning within the rapidly growing Research Triangle [metropolitan statistical area].”

To read the latest IPE Real Assets magazine click here.

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