NKF Capital Markets Facilitates $23.5 Million Sale of Norwood Medical Center to Thor Equities
The sale of the Norwood Medical Center, located at 825 Washington Street in Norwood, Massachusetts, to an affiliate of Thor Equities for $23.5 million was successfully completed by NKF Capital Markets. Operating on behalf of Grander Capital Partners, the NKF Capital Markets transaction team was led by Executive Managing Director Frank Nelson, Managing Director Michael Greeley, Director James Tribble, and Senior Analyst Casey O’Brien, with overarching guidance from U.S. Capital Markets Co-Head Robert Griffin.
Spanning 92,400 square feet, the multi-tenant medical office building is anchored by Steward Health Care on a long-term lease. The property derives exceptional strategic value from its direct adjacency to Steward Norwood Hospital, functioning as its primary medical office and outpatient services complex. Commending the previous ownership, Michael Greeley noted, “We commend Grander Capital on an effective repositioning of the asset, including significantly expanding Steward Norwood Hospital’s future presence in the building, and congratulate Thor Equities on this unique acquisition opportunity.”
Positioned for prime regional accessibility, the medical center is situated near Route 1—a major local retail corridor—and lies within five miles of premier shopping destinations like University Station and Legacy Place. Furthermore, the property enjoys exceptional public transit and highway connectivity, sitting within a five-minute walk of the MBTA’s Norwood Central commuter rail station and a 10-minute drive from Interstate 95 (Route 128).
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Wonderful Women of Norwood: Dr. Harriet Emeline Rogers
Dr. Harriet E. Rogers arrived in Norwood in 1923 to practice medicine. In 1922 the number of practicing female doctors in the greater Boston area were merely 10% of all practicing doctors; this statistic alone would make Dr. Rogers a trailblazer. As a doctor, she most definitely made a difference in her patient’s lives, but as resident…
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A Drive Through Norwood Center on Easter Morning, April 17, 2022
We hope you enjoy this video of a short drive in and around Norwood Center on Easter morning, April 17, 2022. Happy Easter! Discover more from Norwood Historical Society Subscribe to get the latest posts sent to your email. Type your email… Subscribe
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Wonderful Women of Norwood: Anna Groote 
Anna Groote was active in Norwood’s Germantown community and helped many recent immigrants into the neighborhood. The Norwood Historical Society would like to present Anna Groote as an important woman in Norwood’s history. Anna was born in Germany and married Franz “Frank” Groote in Germany in 1864. Anna and Frank came to the United States from Wehringhausen Germany in May of 1887 through…
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This Week In Norwood History- May 6
Morrill Memorial Enters Service To Norwood Hospital Move Made After Tests Show Books Have Therapeutic Value Hospital Library Service became a reality in Norwood Monday afternoon when patients in wards and private rooms at the Norwood Hospital found a book truck wheeled to their bedside between one and five o’clock. Fifty-four books circulated, representing suitable…
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This Day in Norwood History-November 30
17th Child Is Born To Woman, 36 A 17th child—a boy—was born to Mr. and Mrs. Geza Groh of 328 Railroad Avenue, Norwood, at the Norwood Hospital. The new addition gives the family 15 children now living, the oldest of whom is 20. The father is 50 and the mother, who was married at the…
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1000 Year Storm Hits Norwood, Massive Flooding, Hospital Evacuated-June 28, 2020
A historic “back building” thunderstorm on June 28, 2020, dropped over four inches of rain on Norwood in ninety minutes, causing catastrophic flooding that completely knocked out power at Norwood Hospital and forced an emergency evacuation.
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Norwood Hospital Celebrates 100th-November 12, 2019
In the last century, Norwood Hospital underwent a remarkable transformation, evolving from a modest one-room medical facility to a sprawling campus equipped with cutting-edge technology and regional services not commonly found in nearby establishments. Salvatore Perla, the president of Norwood Hospital, shared insights into the year-long celebration of the hospital’s centennial and offered a glimpse…
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Norwood Hospital Welcomes America’s Favorite TV Mom, Florence Henderson-October 29, 2016
From Norwood Hospital: NORWOOD, MA – Florence Henderson surprised an elated group of Norwood Hospital patients on Saturday, October 29th with a visit to the community hospital. Ms. Henderson, who played American’s Favorite TV Mom, Carol Brady on The Brady Bunch, was in town for the Best Years Expo at Gillette Stadium in Foxboro. After…
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Changes at Norwood Hospital Raise Questions-April 17, 2005
For decades, Caritas Norwood Hospital had been regarded as a dependable community institution — the kind of place where residents felt known, heard, and cared for. But a series of changes in early 2005 left many wondering whether that relationship was beginning to fray. The first shock came in January, when longtime donor Bill McCoy…
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State Forces Delay in Sale of Norwood and Southwood Hospitals-September 5, 1997
State regulators have forced a delay in the proposed $58 million acquisition of Neponset Valley Health System—which operates Norwood and Southwood hospitals—by for-profit giant Columbia/HCA Healthcare Corp., making it unlikely the deal will close by the targeted September 30 deadline. Richard Allen, head of the Attorney General’s Division of Public Charities, stated that his office…
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