The Williams Building, a decade-old medical office building on Leighton Avenue, is in foreclosure. BB&T bank announced in late February that a mortgage loan tied to the property is in default.
Dr. Charlie Williams Jr. had the facility built in 2007, across Leighton Avenue and 19th Street from Stringfellow, borrowing $4.6 million for the project from BB&T through his company, Leighton Properties LLC, according to public records. At the time, more than half of its 38,000 square feet was intended as offices for the hospital’s corporate operator, Florida-based Health Management Associates.
Efforts on Friday to reach Williams were unsuccessful.
Health Management Associates was purchased in 2013 by Tennessee-based Community Health Systems, which sold the contract to operate Stringfellow to RMC’s board of directors a year ago. (The Stringfellow property itself is owned by the Community Foundation of Northeast Alabama.)
The Williams Building has also housed the offices of physicians associated with Stringfellow, as well as Stringfellow’s therapy and rehabilitation and wound-care clinics. RMC moved those two operations to its main campus after last year’s sale, hospital spokeswoman Kate Van Meter said Friday. Two physicians employed by RMC still have offices in the Williams Building, she said, and other doctors have their practices there, as well.
The two-story, red-brick office building occupies half a city block just east of Quintard Avenue, near McDonald’s. Foreclosure notices say the property will be auctioned at the Calhoun County Courthouse on March 16.