Oak Brook, Ill. (June 16, 2016) – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisitions of four medical office properties located in San Antonio. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, facilitated the transactions on behalf of an Inland affiliate.
The acquisitions, collectively totaling 72,776 square feet of commercial real estate, include two dermatology office buildings, one medical office building and one specialty surgical center.
- The Dermatology Association of San Antonio offices, located at 7832 Pat Booker Road and 18540 Sigma Road on the north and northwest sides of San Antonio, were constructed in 2008 and 2006, respectively. The two properties serve as the main office for the healthcare provider, collectively offering over 36,000 square feet of medical office space to assist more than 133,000 residents living within a three-mile radius of the properties.
- Located at 9157 Huebner Road, the 18,212-square-foot Medical Center Ophthalmology Associates building was constructed in 2000. The property offers the more than 135,000 residents living within a three-mile radius easy access to the vision and eye care providers.
- The Specialty Surgery Center of San Antonio, located at 5255 Prue Road, is a 17,398-square-foot building constructed in 2003. The office is well-located to serve nearly 300,000 residents living within five miles of the property.
“We are pleased to have purchased all four of these medical office properties, ideally located around core medical districts of San Antonio,” said Tice. “As San Antonio’s population continues to grow, these medical offices, that pull from all of the major health groups in the area, provide residents with convenient access to a variety of services to meet their healthcare needs.”
To date, Inland Real Estate Acquisitions, Inc. has facilitated more than $43 billion of purchases including retail centers, apartments and single-tenant properties.
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