Parkway Neuro and Spine Institute
13–17 Western Maryland Parkway, Hagerstown, Maryland | $21,000,000
The 71,000 square foot specialty medical facility serves as a regional center for neurological and spine care in Western Maryland.
Zeustra completed the $21 million sale of Parkway Neuro and Spine Institute, a purpose-built specialty medical facility in Hagerstown, Maryland.
The 71,000 square foot property supports neurological and spine care, including diagnostics, pain management and advanced surgical procedures. Its location on Western Maryland Parkway places it within a prominent medical corridor serving Western Maryland and communities throughout the surrounding tri-state region.
Specialty facilities require buyers to evaluate more than rent and square footage. The clinical infrastructure, regional patient draw and importance of the location to the operating practice all help define the property’s investment profile. Zeustra represented ownership in presenting that profile to the market and managing the disposition through closing.
The completed sale reflects the institutional relevance of large outpatient facilities that bring multiple stages of specialized care into one location. It also adds another major neurological and orthopedic transaction to Zeustra’s record in healthcare real estate.
Considering a sale of physician-owned or healthcare real estate? Contact Zeustra to discuss valuation, timing and the buyer strategy for your property.
Corey Martier | EVP | 717-433-7475 | [email protected]
