Catalyst CRE, a healthcare real estate development firm, has acquired Fort Walton Beach, Fla.-based White-Wilson Medical Center's real estate assets for nearly $31.3 million.
The acquisition includes eight buildings and more than 144,000 square feet of space. Officials said the facilities will be released to the medical center, according to an emailed news release.
"This partnership allows White-Wilson Medical Center to fully focus on what matters most[:] our patients," said White-Wilson CEO Alan Gieseman. "As we move into a new era of healthcare, we are positioned for future growth and expansion. We are committed to ensuring that our patients have access to quality, value-based care close to home and we look forward to welcoming new physicians, new technology and new service lines to our area."