August 16, 2017
Irvine, CA based IRA Capital divested a three-property medical office building portfolio totaling 137,686 square feet. The properties included The Center for Cancer & Blood Disorders and Baylor Health Center at Magnolia Greens in Dallas-Fort Worth, and Cedar Park Medical Center in Austin.
The fully leased buildings boast a mix of best-in-class local, regional and national tenants, backed by major health systems and top-rated healthcare providers such as Baylor Scott & White Health, Surgical Care Affiliates and The Center for Cancer & Blood Disorders. Services offered within the portfolio include cancer treatment, radiation oncology, medical oncology, cyberknife, orthopedic surgery, gastrointestinal endoscopy procedures, pain and spine treatments, primary care and family medicine.
HFF’s Evan Kovac, Andrew Milne, and Trent Jemmett marketed the property on behalf of the seller, and procured the buyer, an undisclosed publicly traded healthcare REIT.
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