Orthopedic hospital, medical office building sold for $88M

Orthopedic
Alan Condon -

St. Vincent Orthopedic Hospital and its medical office building in Newburgh, Ind., has been sold for $88 million, Rebusiness Online reported July 9.

The 136,000-square-foot building, completed in 2019, has 10 operating rooms, 48 beds and several medical office suites.

The tenant, St. Vincent's Hospital, is part of St. Louis-based Ascension, one of the largest private health systems in the U.S.

An undisclosed buyer purchased the property. 

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