Former Hospital and Office Buildings in Mesquite, Texas, up for Sealed Bid Auction from Sperry Van Ness Accelerated Marketing

February 5 auction will feature a former hospital and five medical office buildings on 11 acres in Mesquite, Texas

Jan 20, 2010, 14:59 ET from Sperry Van Ness Accelerated Marketing Co. Inc.

MESQUITE, Texas, Jan. 20 /PRNewswire/ -- A former Mesquite hospital and five medical office buildings located on 11 acres will be sold via sealed bid auction on Friday, February 5. The property will be available in three individual tracts or may be purchased in entirety. Sperry Van Ness Accelerated Marketing is conducting the auction of this prime real estate prospect.

"This is a rare opportunity to purchase almost 200,000 square feet of buildings, which sits on 11 acres with more than 1,000 feet of frontage on Interstate 30. The property is just 7 miles east of downtown Dallas and might be sold for near land value alone," says David Cook, SIOR at Sperry Van Ness.

The former hospital and office buildings may be purchased as a whole or by tract. Tract one of this property contains the 139,400+/- square foot hospital building on 6 acres. Built in 1977, the hospital building has since undergone three renovations and additions. Tract two contains two two-story office buildings on 3.35 acres. The third tract contains three single-story office buildings on 1.75 acres. Zoned commercial, the partially leased property features approximately 1,100 feet of frontage on Interstate 30. The location would be ideal for an assisted living complex or other advanced care facility, or for a trade school, training facility or church.

"We have made the internal decision to dispose of this property to free up capital for other hospital needs, and we look forward to a quick sale and fast closing," says Pete Lawson, Executive Vice President of Health Management Associates.

For property information, visit www.svnauctions.com.

About Sperry Van Ness Accelerated Marketing

The Sperry Van Ness Accelerated Marketing Team members have planned, orchestrated and conducted successful auctions, sealed bid initiatives and asset dispositions throughout the United States, Mexico, Puerto Rico and the Virgin Islands.  Team members include David E. Gilmore, CCIM, John Johnson, CAI, Louis Fisher, CAI and Don Erler.

Contact:

David Cook

972-387-5600

David.cook@svn.com


David Gilmore

504-468-6800

David.gilmore@svn.com


SOURCE Sperry Van Ness Accelerated Marketing Co. Inc.



RELATED LINKS

http://www.svnauctions.com