Birmingham – HealthSouth Corporation is selling its corporate campus in Birmingham to Daniel Corporation.
The company announced Wednesday it signed an agreement to sell the property for $43.5 million in cash and other incentives.
The 85-acre property consists of a 200,000-square-foot headquarters building and a 19-acre site that includes an unfinished 13-story structure, formerly called Digital Hospital.
HealthSouth CEO Jay Grinney says the sale is another step in the company's plan to reposition it for growth as a post-acute care provider with a focus on inpatient rehabilitation.
Under terms of the agreement, HealthSouth will retain a 40 percent interest in the Digital Hospital.
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