Sugar Land Medical Pavilion, Sugar Land, Texas. (Photo courtesy of JLL)
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Sugar Land Medical Pavilion, a medical office complex consisting of three multi-tenant medical office buildings in the desirable Sugar Land submarket of Houston, Texas. The properties are strategically situated within five miles of three hospital campuses with anchor tenants including The University of Texas Medical Branch, Memorial Hermann Health System and Fort Bend Surgery Center of OakBend Health System. At closing on September 6, 2017, the property was 83% leased. The purchaser is Norvin Healthcare.
Steve Leathers of the JLL Healthcare Capital Markets Group served as the seller’s exclusive advisor.
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
Steve Leathers
Executive Vice President
T +1 212 812 5867
M +1 949 922 4195
Email Steve
Mindy Berman
Managing Director
T +1 617 316 6539
M +1 617 899 0657
Email Mindy
Daniel Turley
Executive Vice President
T +1 214 438 6374
M +1 212 729 9327
Email Daniel
Brian Bacharach
Executive Vice President
T +1 214 438 6462
M +1 214 476 3511
Email Brian
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