Global Medical REIT enters new lease with Christus Health affiliate

Global Medical REIT announced that it has entered into a new, 15-year, triple-net lease with an affiliate of Christus Health at its healthcare facility in Beaumont, Texas. Christus will utilize the Beaumont Facility for, among other services, robotic surgery, orthopedic care and emergency services. The Beaumont Facility was previously tenanted by Steward Health Care, which filed for Chapter 11 bankruptcy on May 6. Steward has formally requested that its lease with the company at the Beaumont Facility be rejected by the bankruptcy court as of September 15 and a final order rejecting such lease is pending with the court.