Auction Norfolk MA Caritas Southwood Hospital Prime Development Opportunity



The Caritas Southwood Hospital campus includes 88.5+/- acres of prime real estate and is in the heart of Metro-South on Route 1A at the Norfolk/Walpole line. This property has substantial development possibilities for a variety of uses including healthcare, senior housing, retail, commercial/industrial, and more. The building complex is 212,000+/- sf., comprised of 6+/- primarily brick buildings dating from 1949 to 1969. The hospital is centrally located within 2 miles of Rt. 1, 5 miles of I-495, 7 miles of I-95, and 12 miles of Rt. 128. A volume of material is available for viewing at www.JJManning.com or on CD.

The auction is scheduled for Thursday, July 17, 2008 at 11:00 a.m. and will be held at the Four Points by Sheraton Norwood Hotel & Conference Center, 1125 Boston Providence Tpk./Rt. 1, Norwood, MA. Those interested may bid live on-site or online.

Open Houses are scheduled for Wednesday, June 25 & Thursday, July 10 from 11am-1pm.

Terms of Sale: 10% deposit of which Two Hundred Thousand Dollars ($200,000.00) in cash, certified or bank check plus proof of financial ability must be presented at the auction. Remainder of the 10% deposit in wire transfer, cash, certified or bank check by 5:00 pm ET on Monday, July 21, 2008. Balance in 45 days. 10% Buyer's Premium. Other terms, if any, will be announced at the sale.

Online Bidding Terms: Mandatory 72 hour pre-registration.

Buyer's Broker Terms: 2% Broker Commission Offered. 48 hour broker pre-registration required.

Full terms and forms at www.JJManning.com.

For additional information, contact Justin Manning at (800) 521-0111.





Auction Norfolk MA Caritas Southwood Hospital Prime Development Opportunity