Orthopedic Associates' main office in St. Louis was acquired by Flagler Investment, a healthcare property holdings firm, according to local station KSDK-TV.
What you should know:
1. Des Peres Square Real Estate Holdings sold the 55,000-square-foot property in February for an undisclosed amount.
2. Flagler plans to work with Orthopedic Associates to significantly upgrade the facility.
3. The healthcare property holdings firm intends to acquire more healthcare properties in St. Louis, which was identified as a key national market.