Industry Pulse: High-Value Houston MOB Recently Recapitalized

The 348,000 square foot Life Science Plaza at the Texas Medical Center in Houston has a market value of nearly $140.3 million. Photo courtesy of LoopNet.com

The 348,000 square foot Life Science Plaza at the Texas Medical Center in Houston has a market value of nearly $140.3 million. Photo courtesy of LoopNet.com

Alaska Permanent Fund Corp. and CS Capital Investment are the new investors in the MOB.

Recapitalizations typically don’t garner headlines on a par with sale transactions. But when the recapitalized asset is undoubtedly one of the nation’s most valuable medical properties, that is worth some ink.

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