CBRE Arranges San Antonio MOB Sale

PPH Real Estate LLC bought a specialty medical office building located at 5109 Medical Drive on the CHRISTUS Santa Rosa medical center campus.

5109 Medical Drive, CHRISTUS Santa Rosa Campus in San Antonio
5109 Medical Drive, CHRISTUS Santa Rosa Campus in San Antonio

Stream Realty Partners has sold an 80,000-square-foot specialty medical office building in San Antonio. PPH Real Estate LLC—a partnership between local physicians and investors—purchased the asset. Scott Herbold of CBRE’s Capital Markets arranged the transaction.

Located at 5109 Medical Drive on the CHRISTUS Santa Rosa medical center campus, the four-story building was built in 2008 on a long-term ground lease with CHRISTUS Health. It was planned and assembled for intensive clinical research studies for pharmaceutical R&D. The new owner is planning to bring further services to the medical center campus.

The facility includes 38 semi-private rooms for 100 patient beds, 22 restrooms, a clinical laboratory and a pharmacy.

Image courtesy of CBRE