Hot Property: Portfolio totals 187,326 square feet

The Baylor Health Center at Magnolia Greens in Fort Worth, Texas, is among five buildings totaling 187,326 square feet being offered in the IRA Medical Portfolio. Photo courtesy of HFF

The Baylor Health Center at Magnolia Greens in Fort Worth, Texas, is among five buildings totaling 187,326 square feet being offered in the IRA Medical Portfolio. Photo courtesy of HFF

Newly constructed facilities are in Fort Worth, Houston, Austin and Pittsburgh

Name: IRA Medical Portfolio
Number of buildings: 5
Locations: Texas, Pennsylvania
Total square footage: 187,326
Occupancy: 100%
Avg. remaining lease term: 8.4 years
Seller: IRA Capital
Brokerage: HFF
Group: National Medical Office Advisors
Brokers: Philip Mahler, Evan Kovac

Even though demand continues to run very high for medical office buildings (MOBs), it’s the high-quality, perhaps newer facilities with strong tenants that are the most desirable.

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