STAN JOHNSON BROKERS $30.64M SALE OF REHAB HOSPITAL

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AUSTIN, TEXAS — Stan Johnson Co. has arranged the $30.64 million sale of a new 66,095-square-foot, 60-bed rehabilitation hospital located in Austin. The hospital sits near St. David's South Austin Medical Center, South Austin Cardiac Rehab, Austin Regional Clinic and Texas Oncology South Austin. The hospital is fully leased to Reliant Hospital Partners. Toby Scrivner, Jeff Matulis and Karen Vinsko of Stan Johnson Co. represented the seller, a Dallas-based developer. The buyer was an institutional entity.

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