UAB Purchases Two Real Estate Properties

Nov 08, 2023 at 10:36 am by kbarrettalley

In September, UAB closed on real estate contracts on the Daniel Building, located at 15 20th Street South, and a medical office building located at 1715 11th Ave. South.

The 19-story Daniel Building was purchased by the UAB Medicine Enterprise for $16 million. The building includes approximately 316,000 square feet of office space and is located a few blocks from The Kirklin Clinic, The Whitaker Building and the Marnix E. Heersink School of Medicine’s Lyons-Harrison Faculty Office Tower.

“The building offers the opportunity to consolidate administrative and support services, and provide space to accommodate UAB Medicine’s growing enterprise,” said Dawn Bulgarella, CEO of the UAB Health System. “Its proximity to UAB Medicine facilities provides opportunities to expand clinical care facilities in alignment with the UAB Medicine Facility Master Plan.”

The university is also acquiring a single-story, 6,100 square foot medical office building on the southern edge of campus for $1.15 million. The university plans for future redevelopment of the property within the scope of the long-range master plan.

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May 2024

May 21, 2024 at 01:33 pm by kbarrettalley

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