For immediate release:
Ridgeline purchased 2 MOBs in 2 separate transactions. The transactions include a 27,000 SF MOB in Fort Worth, TX and a 60,000 SF MOB in Houston, TX. The Fort Worth building is located in the Fort Worth Medical District at 1106 Alston Ave and is 100% leased to 6 tenants including NOVA Healthcare and LabCorp. The Houston building is located in Bellaire at 5420 Dashwood Dr. and is 96% leased to 11 tenants including anchor U.T. Physicians. Ridgeline is pursuing a BTS for 10,000 SF on land adjacent to the building. Attached is a picture of the Houston building.
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