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CNL Completes Sale Leaseback of Cobalt Rehab Hospital

Surprise Health Care Building Trades Hands
By Michael Clemen
February 8, 2016 | 11:57 P.M.

CNL Healthcare Properties, Inc. purchased the Cobalt Rehabilitation Hospital at 13060 Bell Rd. in Surprise, AZ from Cobalt Medical Development for $23.66 million, or about $592,000 per bed / $430 per square foot.

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