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September 30, 2016

BGL Announces the Real Estate Sale of Grace Clinic

Cleveland OH – September 30, 2016 – Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of Grace Clinic (the “Property”) located in Lubbock, TX. BGL’s Healthcare Real Estate group served as the exclusive advisors to the seller in the transaction.

The Property, totaling approximately 106,894 square feet, is located in Lubbock, Texas, the 11th most populous city in the state. The Northwest Texas location of Grace Clinic provides exceptional patient access and convenience to a vast service area that includes regions of Eastern New Mexico, Southern Colorado and Western Oklahoma, in addition to the more than 300,000 residents of the greater Lubbock metropolitan area. The Property is highly visible and easily accessible from US 82 and is only four miles from Grace Medical Center Hospital. Grace Clinic is a premier single-tenant multi-specialty medical clinic, and the health system has been the recipient of a number of Healthgrades Excellence Awards for its specialties in Spine Surgery, Gynecologic Surgery, Prostatectomy, and overall Outstanding Patient Experience.