Capital Markets | Healthcare & Life Sciences
Just Closed
CBRE
Class A Medical Outpatient Facility in Fast-Growing Austin MSA
Transaction Highlights
Date Closed: 11/20/25
Size: 71,394 SF
Occupancy: 98%
Southwest Medical Village | Austin, TX
CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of Southwest Medical Village (the “Property”) a 71,394-square-foot medical outpatient building (MOB) located in Austin, Texas. 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 Texas Healthcare Advisory Services, along with Transwestern’s Will Stewart and Marshall Thurmond, to act as the exclusive advisors to the seller.
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.
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.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
Active / Coming Soon
Southeast ASCs, Florida (2)
Regent Medical Center, Berkeley, CA
Port St. Lucie, MOB & ASC, Port St. Lucie, FL
For more information, please contact:
Chris Bodnar
Vice Chair
Investment Properties
+1 720 635 2653
Brannan Knott
Executive Vice President
Investment Properties
+1 443 983 6039
Cole Reethof
Vice President
Investment Properties
+1 404 504 7864
Zack Holderman
Senior Vice President
Debt & Structured Finance
+1 858 337 9412
Jesse Greshin
Vice President
Debt & Structured Finance
+1 860 808 4810
Trent Jemmett
Senior Director
Investment Properties
+1 858 646 4740
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