ERE sells Banner Surgery Center - Gilbert in Mesa

ERE Healthcare Real Estate Advisors arranged the sale of a 13,957-square-foot ambulatory surgery center in Mesa, Arizona, that is affiliated with Banner Health. Lincoln Property Company bought the property after ERE led lease talks and a national marketing process for the physician ownership group.

Why it matters: - The sale shows how lease structure can shape the value of healthcare real estate. - The transaction also highlights investor demand for outpatient surgery assets tied to major health systems in active metro markets. - The deal gave the physician ownership group a path to exit while keeping the facility positioned for continued operations.

What happened: - ERE Healthcare Real Estate Advisors represented a physician ownership group in the sale of Banner Surgery Center - Gilbert. - Lincoln Property Company acquired the property. - ERE announced the transaction on Sept. 3, 2026. - The property is a 13,957-square-foot, multi-specialty ambulatory surgery center at 6003 E. Baseline Road in Mesa, Arizona. - The center is affiliated with Banner Health.

The details: - ERE served as the exclusive real estate advisor to the physician ownership group. - Collin Hart, ERE CEO and Managing Director, and Andy Matti, ERE Director, were part of the transaction team. - ERE led the lease negotiations and the national marketing process. - The surgery center was purpose-built to support a broad range of outpatient surgical procedures. - The facility sits in the Phoenix metropolitan area. - ERE said the lease structure helped create the stable income profile healthcare real estate investors seek. - ERE said the process generated strong buyer interest and closed on an accelerated timeline. - ERE said the transaction shows how much lease structure can affect healthcare real estate value. - More information is available in ERE's announcement.

Between the lines: - Hospital affiliation can make an outpatient surgery center more attractive to buyers because it can signal tenant stability and market relevance. - The Mesa asset appears to fit a broader investor preference for essential medical properties with clear operating histories and structured leases. - A fast closing suggests the asset drew enough interest to support competitive pricing and terms.

What's next: - ERE will continue advising physician groups and healthcare organizations on succession planning, lease structuring, property sales and sale-leaseback transactions. - The firm said it will keep using competitive processes designed to maximize value while protecting long-term operational control. - The buyer will own the property as the surgery center continues serving outpatient procedures in the Mesa market.