QUAIL RUN IN PHOENIX SELLS FOR $7.4M

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PHOENIX — UHS of Phoenix LLC has acquired Quail Run, a 67,324-square-foot medical office building in Phoenix for $7.4 million. The Class A facility is located at 2545 West Quail Ave. near John C. Lincoln Deer Valley Hospital.The Universal Health Services Inc. subsidiary plans to convert the foreclosed building into a psychiatric hospital.

The building was sold to UHS as an REO property. The seller was SW Loan F., a Delaware Limited Partnership. UHS was represented by Tim Dulany of Colliers International of Greater Phoenix. SW Loan was represented by Capital Asset Management.

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