February 4, 2020
Texas Health Resources expanded and extended a lease to become sole occupant of 1605 Airport Blvd. in Bedford, TX. The healthcare system now occupies the entire 16,652-square-foot building, which it occupies as an outpatient surgery center.
Texas Health opened in 10,969 square feet at the location in 2018, and opted to exercise its right of first refusal when approached by the Canadian landlord, SS Realty Capital LLC. The expansion lease runs co-terminus with the original deal, which was extended to 2030. The facility is across the freeway from Texas Health Harris Methodist Hospital HEB, a 322-bed hospital that serves Tarrant County in North Texas.
“We had strong interest from another medical user, and that triggered Texas Health’s decision to lease the entire building,” said Bradford Commercial Real Estate’s Erik Blais. Blais partnered with Bradford’s Paul Richter to represent the landlord in negotiations.
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