FOR IMMEDIATE RELEASE
May 7, 2019
Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”) and Harrison Street recently completed the acquisition of the Fort Behavioral Health facility in Fort Worth, TX.
The “Class A” facility was significantly renovated in 2018. The 124,990 square foot, 125-bed building has five separate wings providing medically supervised detox, personalized addiction treatment programs for men, women and adolescent, and a residential program for adolescent boys and girls diagnosed with autism and spectrum disorders. The facility is operated by Vizion Health, a seasoned team providing behavioral healthcare programs.
The 18.6 acre site is located approximately 9 miles south of downtown Fort Worth, at 7100 Oakmont Blvd on the corner of the Chisholm Trail Parkway and Oakmont Boulevard. The Chisholm Trail Parkway opened in 2014 linking southern and western suburbs to downtown Fort Worth, creating a significant growth corridor. The site is in a medical area anchored by Texas Health Harris Methodist Hospital (263 beds) in addition to several other specialty care facilities.
About Ridgeline Capital Partners
Ridgeline is a Dallas-based private real estate firm focused on healthcare real estate assets. Founded in 2013, the firm utilizes its experience in acquisitions, management, development and capital markets to invest its own and investors capital. Ridgeline focuses on value-add and coreplus investments. www.ridgelinecp.com.
About Harrison Street
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. The firm has created a series of defensive, differentiated investment solutions focused on the Education, Healthcare and Storage sectors. Headquartered in Chicago with an office in London, the firm has more than 140 employees and approximately $18.3 billion in assets under management. Clients of the firm include a global institutional investor base from 11 countries. For more information, please visit www.harrisonst.com.
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