Windrose Closes Deal on Northeast Oklahoma Rehabilitation Hospital

Indianapolis-based Windrose Medical Properties has completed the purchase of the Northeast Oklahoma Rehabilitation Hospital, located at 3219 S. 79th East Ave. in Tulsa, for $7.2 million.

Built in 1992, the one-story building contains 58,274 SF and is located on seven acres of land.

The $26.2 million acquisition was announced by Windrose on August 4 and also included Lafayette Specialty Hospital in Lafayette, La. and Clearlake Rehabilitation Hospital located in Webster, Texas.

The three properties represent more than 169,000 SF.

RehabCare Group Inc. has long-term master leases with the three hospitals sold.

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