FOR IMMEDIATE RELEASE
SAN ANTONIO, Texas – June 24, 2025 – Berkadia announced today the sale of a medical building: Methodist Hospital Northeast Plaza II, located in Live Oak, Texas, a growing northeast suburb of San Antonio. Senior Director Vasili Davos, Senior Managing Director and Head of Medical & Life Sciences Sabrina Solomiany and Managing Directors Chris Lashmet and Eric Lee of Berkadia Medical & Life Sciences led the transaction on behalf of the seller, San Antonio-based Milam Real Estate Capital.
Methodist Hospital Northeast Plaza II sold to a publicly traded REIT.
“As one of the premier quality outpatient medical buildings marketed this year in combination with its location in a highly sought-after Texas market, this property attracted significant investor interest,” said Davos. “Through a streamlined and competitive process, we were able to achieve a positive outcome for our client while also administering a smooth transaction for both the buyer and seller.”
Located at 12500 Judson Road, Methodist Hospital Northeast Plaza II was completed in 2024 and is situated on the campus of Methodist Hospital Northeast. The three-story medical outpatient building is 100% leased to an exceptional roster of high-caliber medical tenants including 73% direct occupancy by Methodist Healthcare. The first floor features a 24,000 square foot, four operating room, Methodist Healthcare ASC, specializing in oral, gynecologic, GI and ENT procedures. The second floor is occupied by Sports Medicine Associates of San Antonio, Northeast Pulmonary Sleep Associates, Virtuosa GYN and Methodist Healthcare Alamo City Surgeons. The third floor features a 24,500 square foot Methodist cardiology clinic.
About Berkadia®:
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Through our integrated mortgage banking, investment sales and servicing platform, Berkadia delivers comprehensive real estate solutions for the entire life cycle of our clients’ assets.
To learn more about Berkadia, please visit www.berkadia.com.
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© 2025 Berkadia Proprietary Holding LLC. Berkadia® is a registered trademark of Berkadia Proprietary Holding LLC.
Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc.
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
In Texas, Berkadia Real Estate Advisors LLC conducts business under Texas Real Estate Broker Lic. #9002106. Greg Smith is the designated broker for Texas, his license number is #396855.
Sabrina Solomiany holds a Georgia license, her license number is #539242, Vasili Davos Texas license number is #778826, Chris Lashmet Illinois license number is #475196617 and Eric Lee’s Illinois license number is #475194860.
In California, Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116, and Berkadia Real Estate Advisors Inc. under CA Real Estate Broker Lic. # 01931050.
Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions.
For state licensing details for the above entities, visit: http://www.berkadia.com/licensing.
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Media Contact:
Page Lowry
Berkadia Real Estate Advisors LLC
215.328.1685
Page.Lowry@berkadia.com
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