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ORANGE COUNTY BRIEFLY

Hospital Deal Closed

June 19, 1996

TUSTIN — A Beverly Hills real estate investment company has completed its previously announced acquisition of Tustin Hospital Medical Center, an acute-care institution that closed earlier this year.

G&L Realty Corp. bought the 10-acre Tustin complex, which includes a medical office, for $4.5 million from an Austin, Texas-based firm that has been in bankruptcy reorganization. G&L said it is examining alternatives for the closed hospital.

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