Medcraft Investment Partners has purchased Sisters Grove Pavilion, a medical office building in Colorado Springs, Colo., according to an Oct. 10 report from CommercialSearch.com.
The 108,204-square-foot facility sold for $31.2 million, with Medcraft taking out a $24.2 million acquisition loan from Alerus Financial for the purchase.
The property is a part of the St. Francis Hospital campus in Colorado Springs and was previously owned by CommonSpirit Health.