First Citizens Bank announced that its healthcare finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building in Birmingham, Ala.
The medical office building spans more than 200,000 rentable square feet and is located on the Grandview Medical Center campus. The property is located near the border of Jefferson and Shelby counties on U.S. Route 280.
Tenants include the hospital and practices specializing in endoscopy, imaging, orthopedics, women’s health services, internal medicine, physical therapy and a range of other services.
“Grandview Physicians Plaza I is an important medical facility that is critical to supporting the activities of the attached hospital,” said Jonathan Winer, president and CIO at Rethink Healthcare Real Estate.
