Transactions: Lucile Packard Children’s Hospital buys off-campus MOBs in Los Gatos, Calif.

LOS GATOS, Calif. – Lucile Packard Children’s Hospital, part of Stanford University Health System, recently purchased a 63,000 square foot, two-building outpatient medical complex in Los Gatos for $24.5 million.

The hospital made the acquisition, officials said, because its current six-year-old specialty center in Los Gatos is operating at full capacity.

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