The sale of this building was part of a larger campus solution where the hospital was looking to sell two pre-existing medical office buildings and use the proceeds from those sales to help develop a new Medical Office Building for the campus. Our purchase of this facility became part of the hospital’s strategy to monetize existing non-core assets.
Ascension St. Vincent’s East MOB 48
Overview
- Client St. Vincent’s East
- Parent Company Formerly Medical Center East, now Ascension
- Facility Type Medical Office Building
- Location Birmingham, AL
- Completed 2004
- Square Feet 250,000