A Milwaukee-based health care real estate company has purchased a medical office building near Interstate 10 and Bluebonnet Boulevard for $10.5 million.
A limited liability company affiliated with Physicians Realty Trust bought the property at 9118 Bluebonnet Centre Blvd. in a deal that was filed Friday with the East Baton Rouge Clerk of Court’s office. The seller was a local group, YBR LLC.
The 25,209-square-foot, two-story building, which is home to Comprehensive Pain Management, has been open since the early 2000s.
Physicians Realty Trust is a self-managed healthcare real estate company that acquires, owns and manages properties that are then leased to doctors and hospitals. The company has more than 4 million square feet of medical facilities in 22 states.
9118 Bluebonnet Centre is the second Louisiana property purchased by Physicians Realty Trust. The company owns the Crescent City Surgical Center in Metairie, a 60,000-square-foot property that was built in 2010.
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