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News Release: Just Closed: Northpoint Medical Arts Building in Dallas,Texas

On behalf of Malouf Interests, the JLL Healthcare Capital Markets Group is pleased to announce the sale of Northpoint Medical Arts, a 118,876 rentable square foot medical office building in Dallas, Texas.  The property is strategically located near the intersection of LBJ Freeway and Central Expressway, two of Dallas’ most heavily traveled thoroughfares, and in close proximity to both Medical City Dallas Hospital and Texas Health Presbyterian Hospital Dallas.  At the time of closing, the property was 82% leased with an excellent tenant mix including an ambulatory surgery center, imaging, radiation oncology, internal medicine, pediatrics, ophthalmology and rheumatology.  Brian Bacharach 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:

Daniel Turley
Executive Vice President
T +1 214 438 6374
M +1 212 729 9327

Mindy Berman
Managing Director
T +1 617 316 6539
M +1 617 899 0657

Steve Leathers
Executive Vice President
T +1 212 812 5867
M +1 949 922 4195

Brian Bacharach
Executive Vice President
T +1 214 438 6462
M +1 214 476 3511


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