Last updated on February 24th, 2020 at 04:19 pm
The operator of an alcohol and drug treatment center in Louisville has purchased the former Post Acute Specialty Hospital of Milwaukee building in Greenfield for $4 million.
Landmark Recovery of Louisville, LLC, which is headquartered in Scottsdale, Arizona, bought the 155,945-square-foot building at 5017 S. 110th St. from an affiliate of Birmingham, Alabama-based real estate investment trust Medical Properties Trust, Inc.
The MPT affiliate purchased the building in September 2019 from Toledo, Ohio-based health care real estate investment firm Welltower Inc. for $2 million.
Post Acute Specialty Hospital closed the former 62-bed hospital in April 2019.
Landmark Recovery provides a medically assisted detox program as well as both inpatient and outpatient treatment programs at its Louisville location, according to its website. Landmark officials could not immediately be reached for comment.