The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Pin Oak Portfolio, a 504,609 square foot medical office park in Houston, Texas. The five properties are highly visible along the 610 West Loop and strategically located three miles west of the Texas Medical Center and two minutes from the Southwest Freeway leading to downtown. The portfolio contains all of Houston’s major health systems including UT Health, Memorial Hermann, Houston Methodist and Texas Children’s. At the time of closing, the portfolio was 93% leased with an excellent tenant mix of primary care and medical specialists.
Mindy Berman and Brian Bacharach of the JLL Healthcare Capital Markets Group along with Rudy Hubbard served as the seller’s exclusive advisors.
JLL Healthcare Capital Markets
JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute care. The team consistently transacts over $1 billion annually with unrivaled expertise and experience in investment sales, monetization, development debt and equity capital raise and advisory services for investor and provider clients. JLL has an extensive national and international presence that delivers local market knowledge and exceptional access to capital.
For more information on this sale, or if we can help with your healthcare real estate needs, please contact us:
Mindy Berman
Managing Director
T +1 617 316 6539
M +1 617 899 0657
Brian Bacharach
Executive Vice President
T +1 214 438 6462
M +1 214 476 3511
Daniel Turley
Executive Vice President
T +1 214 438 6374
M +1 212 729 9327
Steve Leathers
Executive Vice President
T +1 212 812 5867
M +1 949 922 4195
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