Pittston, PA Mayor Michael Lombardo announced the city’s Redevelopment Authority has purchased the former Pittston Hospital with future plans for housing at the property, the Sunday Dispatch reports. The former hospital, built in 1914, closed in 1981. Read more.
Related Posts
Marcus & Millichap Division Closes 2 Senior Property Sales: Report
The sales involved an assisted living facility in Tennessee and a senior housing community in Maine.
August 17, 2021
Physicians Realty Trust to Purchase Medical Office Portfolio for $764M
Upon closing, the first year unlevered cash yield of the portfolio is expected to be 4.9%.
October 4, 2021
Water Valley Acquires Windsor Medical-Fitness Building in Colorado: Report
The purchase price was not immediately available. The Water Valley Co. closed on the property Aug. 2 and “will immediately begin a massive remodel and rebranding of the three-story building,” according to a press release.
August 6, 2021
Yale New Haven Health System Buys Former Macy’s Spot in Connecticut Shopping Mall
Terms of the deal were not released, but officials with MedCraft Healthcare Real Estate said YNHHS will use the 179,285-square-foot, two-story former Macy’s spot as “a retail health facility.”
October 5, 2021