Cushman & Wakefield announced the sale of Palo Verde Behavioral Health Center, an 84,029-square-foot inpatient behavioral health facility located at 2695 North Craycroft Road in Tucson, Arizona. The property was acquired for $19.065 million by Universal Health Services (NYSE: UHS). Prior to acquiring the property, UHS had been leasing the majority of the facility as its anchor occupant. UHS will continue to operate an 84-bed acute psychiatric hospital as well as provide outpatient behavioral health services at this location. The project also features two other healthcare-oriented tenants. The seller was Tucson Medical Center (TMC).
Read the full article: Palo Verde Behavioral Health Center in Tucson Sells for $19M+ //
Source: https://azbigmedia.com/real-estate/big-deals/palo-verde-behavioral-health-center-in-tucson-sells-for-19-million/