News Release: Just Closed – Webster Medical Office & Life Science Campus

Capital Markets | Healthcare & Life Sciences

Just Closed

100% Leased Multi-Tenant, Campus-Adjacent Medical Office & Life Science Portfolio

Transaction Highlights

Date Closed 03/18/2022

Size 94,506 SF

Occupancy 100%

Webster Medical Office & Life Science Campus | Houston, TX
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of the Webster Medical Office & Life Science Campus (the “Portfolio” or the “Properties”). Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Cole Reethof, Sabrina Solomiany and Zack Holderman partnered with Brandy Bellow Spinks from CBRE Houston Healthcare & Life Sciences to act as the seller’s exclusive advisors.

The Webster Medical Office & Life Science Campus is a Class ‘A’, two-building medical office and life science portfolio adjacent to the 595-bed HCA Houston Healthcare Clear Lake hospital, which includes the newly constructed $120 million, 305,000 square foot Heart and Vascular Hospital. The Properties are located within the “Medical Center of the South”, a healthcare corridor comprised of over 1.7 million square feet of healthcare real estate and 990 inpatient beds across three acute care hospitals, three inpatient rehabilitation facilities (IRF) and two long-term acute care hospitals (LTACH).

The Portfolio is 100% leased to eleven tenants offering a diverse mix of clinical specialties and an overall weighted average remaining lease term of nearly eight years. The Properties are anchored by Catalent (NYSE: CTLT), a biomedical conglomerate whose space within building 253 includes a state-of-the-art 32,000-square-foot cell therapy laboratory. Other notable tenants include Center for Neuro Skills (CNS), Texas Skin Center, Texas ENT, Arthritis Relief Centers, and ProActive Physical Therapy Centers.

For more information, or if we can help with your healthcare real estate holdings, please contact us.

For more information, please contact:

Lee Asher
Vice Chairman
Investment Properties
+1 404 504 5965

Chris Bodnar
Vice Chairman
Investment Properties
+1 303 628 1711

Jordan Selbiger
Senior Director
Investment Properties
+1 404 923 1259

Ryan Lindsley
Senior Director
Investment Properties
+1 303 628 1745

Cole Reethof
Associate Director
Investment Properties
+1 404 504 7864

Sabrina Solomiany
First Vice President
Debt & Structured Finance
+1 404 536 5054

Zack Holderman
Senior Vice President
Debt & Structured Finance
+1 858 546 4670

Brandy Bellow Spinks
Senior Vice President
Houston Healthcare
+1 713 577 1642

cbre.com/cm-healthcare

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In