University of South Alabama Board of Trustees Meeting Minutes January 2026
University Approves $15.1M Facility Purchase from HHRE USA FAIRHOPE ASC
Trusted by teams at
Description
The University of South Alabama Board of Trustees approved the purchase of an ambulatory surgery center facility from HHRE USA FAIRHOPE ASC, LLC for $15.1 million, with closing scheduled on or before January 21, 2026. The agreement covers acquisition of the facility, related leases, service contracts, and all property rights necessary for health education purposes.
Contract Details
Contract Amount
$15,100,000
Vendor
HHRE USA FAIRHOPE ASC LLC
Agency
University Of South Alabama, AL
Contract Type
FACILITIES
Document Date
January 15, 2026
Contract Term
Closing scheduled on or before January 21, 2026
Renewal Date
2026-01-21
Renewal Info
Closing must occur on or before January 21, 2026, with option for Buyer to terminate if due diligence conditions are not met within Inspections Period. No automatic renewal; new ownership transfers at closing.
More from HHRE USA FAIRHOPE ASC LLC
Related Contracts
University of South Alabama Board of Trustees Meeting Agenda 2026-06-04
APPROVEDUniversity of South Alabama Board of Trustees Agenda Packet March 2026
APPROVEDMore from University Of South Alabama
University of South Alabama Board of Trustees Meeting Minutes January 2026
University of South Alabama Board of Trustees Meeting Minutes January 2026
university_of_south_alabama_board_of_trustees_minu.pdf
university_of_south_alabama_board_of_trustees_minu.pdf
university_of_south_alabama_board_of_trustees_minu.pdf
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.