PLANO - Lifecare Hospital of Plano, a 75,442-sf health care facility located at 6800 Preston Rd. has been purchased by Physicians Realty Trust. The 1986 facility on 7.73 acres in the Upper Tollway/West Plano submarket sold for $18.2 million, about $241 per sf.
The property is 100 percent leased on a long-term triple net deal to Lifecare Hospital of Plano, a hospital that specializes in the treatment of medically complex patients who require extended hospitalization. The seller was Precedent Equities.
Read more at CoStar.
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