Texas Cardiac Associates, LabCorp, North Texas ENT
Date Acquired
May 2021
Date Sold
June 2022
THE ASSET
15,440 SF stabilized multi-tenant medical office building anchored by Texas Cardiac Associates, a renowned cardiology group and affiliate of Baylor Scott & White Health, the largest not-for-profit healthcare system in Texas.
THE OPPORTUNITY
Acquire a stabilized asset located in the heart of a dominant retail & commercial corridor of Rowlett, TX in suburban Dallas.
Create value through lease extensions and sophisticated property/asset management.
THE RESULT
Upon successfully completing lease renewals for three tenants in the building, we marketed the property for sale and closed in June 2022 with a private investor.