CBRE Arranges San Antonio MOB Sale
- Nov 29, 2017
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