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Multi-Purpose Healthcare Facility Located In Heart Of Alabama's State Capital
MONTGOMERY, AL - PM Realty Group, one of the nation's leading full-service commercial real estate firms, today announced that its Investment Services division has been awarded the exclusive marketing assignment to sell the former Baptist Health Medical Center in downtown Montgomery, AL.
The property, owned by Baptist Health, includes a 270,000 square-foot hospital, an adjacent 74,000 square-foot medical office building and a 63,000 square-foot educational facility currently utilized by the Troy State Nursing College. The campus is situated on 11 acres of land in proximity to Alabama's State Capital building. The Center features all the standard amenities of a full-service hospital, including heavy electrical capabilities and parking in the heart of downtown Montgomery.
John S. Dailey, Senior Vice President with PM Realty Group's Investment Services division, will lead the marketing and sales effort on behalf of Baptist Health.
According to Dailey, the Center is a multifaceted property that will appeal to a broad range of buyers. The facility is in excellent condition and fully equipped for immediate alternate use, such as for high-tech companies needing above standard electrical supplies, educational and call centers, and state and government offices. He also says it is ideal for diverse medical usage, including congregate care, prison and behavioral services.
"We are delighted to have this opportunity to work with Baptist Health and to bring this unique property to the marketplace," said Dailey. "With superior facilities and a central location, we've already generated interest from a number of qualified buyers in a short time-frame. We look forward to achieving the owner's goals by identifying the best suited buyer for the property." |