Washington state officials have acquired the recently closed Cascade Behavioral Health psychiatric hospital in Tukwila for $29.9 million. The hospital, located at 12844 Military Rd S, was sold by Acadia Healthcare. This acquisition aims to bolster the state's struggling mental health system, reflecting the authorities' dedication to improving mental healthcare services in the region.

Summary of transaction details

• Property Type: Hospital
• Transaction Amount: $29,900,000
• Address: 12844 Military Rd S, Tukwila, WA

The sale of the Cascade Behavioral Health psychiatric hospital was completed by Acadia Healthcare, who acted as the seller. The acquisition by Washington state officials highlights their commitment to addressing the challenges facing the mental health system. This investment in the hospital's future is a significant step towards improving mental healthcare services in the region.