Mystery Medical Build-To-Suit

Here's a little mystery: What healthcare build-to-suit facility is Gladstone Commercial Corp funding? The Va-based company revealed in SEC filings that it provided a $5.6M mortgage to develop an 81,400 SF “build-to-suit transitional care facility located on a major hospital campus in Phoenix.” Gladstone has first rights to buy the facility once done. But little else was revealed. Calls to the company were not returned by press time. Know the answer? Let us know!

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