A two-stage upgrade to a first-class
Ambulatory Surgery Center.

Location:

226 White Street, Danbury, CT

Property Description:

This 26,150 square foot ambulatory surgery center is located approximately ¼ mile from Danbury Hospital on White Street in Danbury, CT. A single story with full basement surgery center, it just completed multi-million-dollar renovations to convert administrative offices/exams rooms and upgrade the existing ASC portion into a 23-hour-stay ASC. The facility was originally converted to an ASC and medical office space in 2014 and the recent renovations were completed in 2020. The site and exterior capital improvement plan were completed in 2020 in conjunction with the 2020 conversion to a 23-hour-stay ASC. The ASC is owned in a joint venture with SCA, Danbury Hospital, and OrthoConnecticut.

Liquidity Strategy

Liquidity Strategy

Financial Engineering

Financial Engineering

Construction Management

Construction Management

Capital Improvement

Capital Improvement

>Asset Management

Asset Management

Owner representation on Major Interior Upgrades

Owner Representation on Major Interior Upgrades

Strategy:

Aspect Health provided the ASC JV with no capital outlay financing option to complete work on the exterior and site upgrades in exchange for a lease extension. We also coordinated with the interior ASC general contractor and exterior GC on the construction completion.

The Numbers:

26,150

Square feet

100%

Leased

20

Year Lease Term

51/ 49%

JV ASC Acquisition

23

Hour-Stay with 4 OR’s and 2 Procedure Rooms

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Contact Us


Contact us to learn more about how we can help you with your healthcare strategy, real estate development and optimization, liquidity opportunities, healthy building practices and more.

One Gorham Island Road

Westport, Connecticut 06880


info@AspectHealthRE.com

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