San Antonio, Texas, and Jupiter, Fla., May 20, 2015 – Rendina Healthcare Real Estate has acquired Physicians Plaza II, a 63,905-square-foot medical office building on the campus of the Methodist Specialty & Transplant Hospital (MSTH) in San Antonio. The facility is located within the 900-acre South Texas Medical Center, one of the nation’s largest healthcare hubs.
Rendina’s immediate plans for the property include significant suite and common area renovations – providing physicians with turnkey solutions and the ability to custom design suites with little to no out-of-pocket cost.
MSTH, which has direct access to Physicians Plaza II via a covered walkway, is home to the Texas Transplant Institute, the busiest kidney transplant program in Texas and among the top 10 in the nation. Additionally, MSTH has been named by the American Society for Bariatric Surgery as a Bariatric Surgery Center of Excellence in recognition of their program’s demonstrated track record of favorable outcomes in bariatric surgery.
Jon Sajeski, Vice President of Acquisitions and Leasing for Jupiter, Fla.-based Rendina, expects Rendina’s acquisition of the facility to greatly benefit physicians and patients in the area.
“The medical office market within the South Texas Medical Center lacks quality, updated physician suites, which we are going to provide without burdening tenants with the costs associated with retrofitting the space. Having these move-in ready options coupled with the substantial lease incentives we are offering will enable us to attract some of the area’s best specialists.”
About Rendina Healthcare Real Estate
Rendina is a trusted national leader in healthcare real estate, providing a full-service platform that includes the design, development, acquisition, leasing, and management of healthcare real estate. A partner to healthcare providers for more than 28 years, Rendina has developed more than 7 million square feet of healthcare real estate throughout the country. Rendina has offices in Jupiter, Fla.; Dallas; Tucson, Ariz.; Solana Beach, Calif.; Cincinnati; and Livingston, N.J.
For more information or questions, please contact Jon Sajeski, Vice President, Acquisitions & Leasing, at 866-630-5055, or visit our website at rendina.com.
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