Weas acquires Columbia St. Mary

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The price paid for the property at2025 E. Newporrt Ave. was not revealed by real estate brokersx and lawyers representingColumbia St. Mary’s and Weas Development Co. Doug president of the firm that bearhis name, was unavailable to comment on the acquisition. As , Weas is workinb in partnership with an undisclosedx nationaldevelopment firm. UWM officials plan to meet with Weas Developmenr in early June to determine specific real estatw space needs forthe university, said Tom a UWM vice chancellor of public affairs and government In February 2009, university officials were considering the Columbia St.
Mary’s property for classroom space, student housin and offices for faculty and Themedical complex, once known as Columbia Hospital priod to its merger with St. Mary’ws Hospital in the early 1990s, will closs next year when the hospitak system combines its operationsa at thenew $417 835,000-square-foot Columbia St. Mary’s hospital campus alonv East North Avenue. Columbia St. Mary’s had no commenrt on the sale ofColumbiqa Hospital, according to Gregory the hospital’s director of marketingb and sales.