MARCH 12, 2021
CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS
JUST SOLD
SUGAR CREEK HEALTH CENTER
Sugar Land, TX
TRANSACTION HIGHLIGHTS
DATE SOLD: 03/11/2021
SIZE: 90,014 SF
OCCUPANCY: 93%
Sugar Creek Health Center
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Sugar Creek Health Center (the “Property”). Chris Bodnar, Lee Asher, Ryan Lindsley and Jordan Selbiger partnered with Brandy Bellow Spinks from CBRE Houston Healthcare Brokerage to act as the seller’s exclusive advisors.
Sugar Creek Health Center is a three-building medical office property located in Sugar Land, Texas. The ±90,014-square-foot property is currently 93% leased to a complementary mix of medical tenants with specialties in surgery, imaging, primary care, women’s health, dentistry, sports medicine and physical therapy among others. Investment-grade tenants and health systems include Memorial Hermann Health System (Moody’s: ‘A1’), University of Texas Medical Branch, part of the University of Texas System (Moody’s: ‘Aaa’), Tenet Healthcare’s (NYSE: THC) BHS Physicians Network Healthcare and OakBend Medical Center, which operates an ambulatory surgical center via a joint venture with Fort Bend Surgery Center.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
For more information, please contact:
CHRIS BODNAR
Vice Chairman
Investment Properties
+1 303 628 1711
LEE ASHER
Vice Chairman
Investment Properties
+1 404 504 5965
RYAN LINDSLEY
Senior Director
Investment Properties
+1 303 628 1745
JORDAN SELBIGER
Director
Investment Properties
+1 404 923 1259
BRANDY BELLOW SPINKS
Senior Vice President
Houston Healthcare Brokerage
+1 713 577 1642
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