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| Part of IRA Capital's Medical Office Portfolio in Dallas-Fort Worth and Austin, TX Areas |
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| Evan Kovac |
The HFF team marketed the
property on behalf of the seller, IRA Capital, LLC, and procured the buyer, a
publicly traded healthcare REIT.
The portfolio comprises
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.
The HFF investment sales
team included managing director Evan
Kovac, director Andrew Milne and
senior associate Trent Jemmett along
with managing director Todd Savage
and senior director Kelsey Roop as
the local advisors.
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| Andrew Milne |
“The portfolio represented
the rare opportunity to acquire institutional-quality core medical office
buildings leased long-term to several of the most highly respected tenants in
the industry,” Kovac said. “The new
owner has the ability to build a long-term relationship with these established
tenants as they continue to expand their footprints within two of the nation’s
top real estate markets.”
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Specialist
HFF | 9 Greenway Plaza,
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | hfflp.com
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