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TEMPLE, Texas — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a 70-unit transitional care facility in Temple, approximately 70 miles north of Austin.
Mainstreet developed the newly constructed healthcare property but never opened it.
A Texas-based real estate investor acquired the property for $10.5 million. The new owner structured a lease with a national healthcare system based out of Southern California and will operate the facility as a specialty post-acute hospital.