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Buyer for Seattle-based Group Health's Eastside hospital campus backs out

Seattle Times, December 12, 2008

Seattle-based Group Health's tentative deal to sell its former Eastside hospital campus has fallen through, a company executive said. Dallas-based developer Trammell Crow, which signed a letter of intent this summer to buy the 28-acre site, couldn't proceed with the transaction because an unidentified partner who was to provide financing "was unable or unwilling to perform," said Bill Biggs, Group Health's executive director of administrative services.