Mayo Clinic undecided on function of downtown property 4 years after $5.8M acquisition

Though it has been nearly four years since Rochester, Minn.-based Mayo Clinic purchased the Lourdes High School building for $5.8 million, the property has not been used for anything other than employee parking, according to the Post-Bulletin.

The building, located in downtown Rochester, is estimated to be worth $3.8 million, while the land it sits on is valued at $4.3 million.

"Mayo Clinic continues to maintain the building, but there are no immediate plans for the space," Mayo Clinic spokeswoman Kelley Luckstein said on Friday.

More Articles on Facilities Management:

Akron Children's Hospital to build pediatric facility: 4 things to know

New Milford Hospital opens primary care practice

Billionaire Dr. Patrick Soon-Shiong to build cancer center in LA

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months