Mattson inks $2.5M buy from MaineGeneral
A Mattson Development subsidiary plans to buy a MaineGeneral Medical Center building in Augusta that's slated to close as part of MaineGeneral's reconfiguration to make way for its new hospital.
The Kennebec Journal reported that the Augusta East Redevelopment Corp. has entered an agreement to buy the hospital's East Chestnut Street hospital and related properties for $2.5 million with plans to convert some of the building to office space. The deal is expected to close in February.
The sale of that building is part of a reconfiguration plan that will build a new 192-bed regional hospital in north Augusta while closing the East Chestnut Street building and the Seton facility in Waterville.
A previous attempt to sell the Augusta hospital buildings and the 88-acre Seton campus in a three-day auction generated no bidders at the minimum $2.6 million price requirement.
In Augusta, Mattson Development most recently took on a $50 million project to develop the Central Maine Commerce Center.
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