Austin, TX
December 23, 2025
Exterior of Southwest Medical Village medical outpatient building in Austin, Texas
CBRE advised on the sale of the Southwest Medical Village, a 71,394-square-foot medical outpatient building (MOB) located at 5625 Eiger Road in Austin, Texas, to Anchor Health Properties and BGO.
Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof and Jesse Greshin of CBRE’s U.S. Healthcare Capital Markets partnered with Scott Carter and Brandy Spinks of CBRE’s Houston Healthcare Advisory Services, along with Transwestern’s Will Stewart and Marshall Thurmond, to act as the exclusive advisors to the seller, Olympus Ventures.
The Southwest Medical Village is a Class “A” MOB that was built in 2013 to be Travis County’s premier outpatient facility. The property is anchored by Central Texas’ largest family medicine practice, Premier Family Physicians. Investment-grade health systems and public companies including Ascension Seton, Baylor Scott & White, Texas Children’s Hospital, and Austin Heart (subsidiary of HCA Healthcare) occupy 35% of the property. Many tenants have occupied the property since its completion, and the building recently achieved 100% lease renewal in 2024, indicating strong tenant stability with 98% occupancy and a weighted average lease term of 5.4 years.
“Southwest Medical Village is a high-quality outpatient medical facility with investment-grade tenancy from multiple health systems,” said Reethof, a Vice President within CBRE’s U.S. Healthcare Capital Markets practice. “This building will continue to command the highest rents in the market.”
Located in Southwest Austin’s Healthcare Village, the property features a “medical village” concept, which was created as a community solution to healthcare for patients to receive one-stop care. Situated between William Cannon and Southwest Parkway in the Oak Hill area, the property is in one of the nation’s fastest-growing metropolitan areas. Southwest Medical Village is within reach of some of the most desirable neighborhoods and affluent demographics, where the average household income is $174,923 within a 3-mile radius.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
About Anchor Health Properties
Anchor Health Properties is a national, full-service healthcare real estate development, management, and investment firm serving investors and health systems. Leveraging its collective experience and resources, its nimble, and thoughtful team of professionals develop and deliver tailored, client-specific solutions to respond to today’s healthcare challenges – thinking outside the “medical outpatient box.” With more than $2B of completed development projects, 9M square feet under management, and $3.2B invested in stabilized healthcare facilities, Anchor continues to create a better healthcare experience for patients and a competitive edge for our clients. Anchor maintains multiple offices nationwide and features more than 100 professionals in its ranks. Healthcare today calls not only for new and more efficient ways of delivering healthcare services, but also a different kind of healthcare real estate company. For more information, please visit: www.anchorhealthproperties.com.
About BGO
BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $89 billion USD of assets under management (as of September 30, 2025) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 25 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where it invests in and manage real estate assets on behalf of its clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment. For more information, please visit www.bgo.com
Media Contact
Olivia Vallone
Corp Communications Specialist
+1 847 691 9144
Olivia.Vallone@cbre.com
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