Thursday, June 22, 2023

JLL Capital Markets brokers sale of the 82,238 SF Methodist Southlake Medical Office Building in Southlake, TX

 

Methodist Southlake Medical Office Building, 
Southlake, TX

DALLAS, TX, June 22, 2023 –  JLL Capital Markets announced today it arranged the sale of the Methodist Southlake Medical Office Building, a Class A, on-campus medical office property totaling 82,238 square feet in Southlake, Texas, one of Dallas-Fort Worth’s most affluent suburbs.

 

The price was not disclosed.


Brian Bacharach 


JLL represented the seller, Southlake Texas Medical Building I, LP, a partnership managed by LandPlan Development, and also procured the buyer, a partnership of Virtus Real Estate Capital and Lincoln Property Company.


The Methodist Southlake Medical Office Building is located on campus and attached to Methodist Southlake Medical Center. 

The property is ideally positioned along State Highway 114, providing exceptional visibility and access from one of the area’s most heavily traveled thoroughfares.

The building’s optimal location offers connectivity with many of the region’s most affluent communities and convenience to local amenities, including the renowned Southlake Town Square and it’s 1.4 million square feet of retail, restaurant, residential, office, hospitality and municipal space.

Vasili Davos
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Brian Bacharach and Director Vasili Davos.

For more news, videos and research resources, please visit JLL’s newsroom.

 

 


CONTACT:

 

Alli Semans

PR, Hotels & Hospitality, Capital Markets

JLL
M +1 330 329 6750

 

lpc.com

www.virtusre.com.

 landplan.net 

jll.com. 

 

 

 

 

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