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May 14, 2019

BGL Announces the Real Estate Sale of the Arizona Spine & Joint Hospital

Cleveland OH – May 14, 2019 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of the Arizona Spine & Joint Hospital, a Short-Stay Specialty Hospital totaling approximately 35,662 rentable square feet (the “Property”). BGL’s Healthcare Real Estate team served as consultants to the seller in the transaction.

The Property is situated on the corner E. Baseline Rd. and E. Inverness Avenue, providing out­standing visibility and access to Freeway 60, which connects Mesa to downtown Phoenix. The Property is strategically located in a medical corridor and is 0.8-miles west from the 177-bed Banner Gateway Medical Center. Completed in 2002, the Arizona Spine and Joint Hospital is an award-winning orthopedic specialty hospital offering outpatient and elective inpatient services for orthopedic, spine, podiatry and pain management patients. The 23-bed facility benefits from four operating rooms and two pain treatment rooms, providing patients with the latest in technology and ancillary services.