Sovereign Health Leases 68,500 SF in Ludlow, MA Healthcare Facility
Sovereign Health signed a 68,500 SF lease, taking the entirety of 14 Chestnut Place in Ludlow, Ma, once the home to HealthSouth. Originally an acute care hospital, the property was purchased from the FDIC by Mid-America properties and repositioned as a rehab facility for HealthSouth, who vacated in December, 2014. MANSARD conducted a national search for a replacement tenant, landing Sovereign Health, an operator of 23 residential rehabilitation centers nationwide. Jeremy Cyrier, CCIM and John Hughes, CCIM represented the landlord and located the tenant in the transaction.