• .
    .

News Release: PRESCRIPTIVE CAPITAL, SABER STREET AND CBK INTERESTS ANNOUNCE MEDICAL OFFICE DEVELOPMENT IN THE WOODLANDS, TEXAS

Prescriptive Capital Seeking Further Expansion in the Healthcare Real Estate Sector

DENVER, Colorado, September 7, 2022 – Prescriptive Capital, a Denver-based real estate private equity firm, and Houston-based healthcare developers Saber Street and CBK Interests have announced their plans to begin the initial development phase of a 45,000 square foot medical office building in The Woodlands, Texas.

The building is 80% pre-leased to a large physician practice group that has made a long-term commitment to the building and to serving the surrounding community. The site is located on the heavily trafficked Kuykendahl Road, just south of Carlton Woods at Creekside – one of the wealthiest residential enclaves in The Woodlands with median home pricing currently exceeding $1.5 million.


The three-story building will be developed on a 4.685-acre lot. Arch-Con Corporation has been selected as the general contractor and groundbreaking for the development is scheduled for December 2022.

“Creekside Park is one of the fastest-growing markets in The Woodlands, Texas, and it is underserved from a healthcare perspective,” said Chris Haley, Co-Founder and Managing Partner of Saber Street. “Pre-leasing on this building will bring a variety of critical healthcare providers and services to the growing community.”

“We are incredibly excited to partner with the Saber Street and CBK Interests team on this development,” said Chris Bodnar, CEO of Prescriptive Capital. “This project will be a significant and positive contribution to the community, and we’re grateful to be working alongside some of the best healthcare developers in Texas.”

###

About Prescriptive Capital
Prescriptive Capital is a private equity firm focused exclusively on investing in alternative real estate investment sectors. With more than 60 years of combined experience in commercial real estate, Prescriptive Capital’s principals have developed a distinct strategy rooted in data analytics that guides an investment approach with unrivaled precision. Prescriptive Capital sources the most resilient alternative real estate investment opportunities with limited correlation and maximum resistance to greater economic trends, allowing investors to further diversify their portfolio and enjoy favorable risk-adjusted returns across market cycles.
For more information on Prescriptive Capital, please visit https://www.prescriptivecap.com

About Saber Street & CBK Interests
Saber Street is a boutique, full-service commercial real estate company based in Houston, Texas specializing in the sponsorship, development, ownership and operation of healthcare assets. Its principals have owned, developed, leased or managed over 2.9 million square feet and completed over $2.0 billion in principal and service-related transactions in their careers. Focused on transforming trusted relationships into strategic partnerships, Saber Street utilizes its expertise, experience and creativity in the field to collaborate with investors, physicians, ancillary service providers and health systems on their real estate requirements.
For more information, please visit https://www.saberstreet.com.

CBK Interests is a boutique real estate company based in Houston, Texas founded in 2014 by Cullen Kappler. CBK Interests specializes in the development, acquisition, and investment opportunities in commercial real estate.

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
   

Balloonacy1