Physicians Realty Trust Acquisition of Westlake Ambulatory Surgery Center

Deal value: $39,000,000

Acquisition of a 45,000-square-foot ambulatory surgery center (ASC) in Austin, Texas, with multi-specialty surgical suites and imaging.

This acquisition represents Physicians Realty Trust's strategic expansion into high-quality ambulatory surgery center assets in growth markets. The $39 million investment in a 45,000-square-foot multi-specialty ASC in Austin, Texas aligns with the REIT's core business model of acquiring healthcare real estate leased to physicians and health systems. Austin's strong economic fundamentals and growing healthcare demand make this an attractive market for outpatient surgical capacity. The transaction reflects the company's relationship-focused approach to building a diversified portfolio of Class-A medical office and surgical facilities in high-growth metropolitan areas.