University Health has made a significant investment in the Medical Center area by acquiring two prominent office towers for a combined $50 million. This strategic purchase not only expands their physical footprint but also reinforces their commitment to enhancing healthcare services in the region. The newly acquired properties, located within walking distance of major hospital facilities, are expected to be transformed into state-of-the-art clinical and administrative spaces.

Officials highlighted several key benefits this acquisition brings to both patients and staff:

  • Increased Patient Capacity: More space to accommodate growing patient demand.
  • Centralized Services: Enhanced coordination through co-located specialties.
  • Modern Infrastructure: Opportunities to upgrade to the latest healthcare technologies and sustainability features.
Property Square Footage Purchase Price
North Tower 120,000 sq. ft. $28M
South Tower 95,000 sq. ft. $22M