Berkadia Announces the Sale and Financing of a Value-Add Medical Outpatient Building in Houston, Texas
HOUSTON, TEXAS – March 27, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale and financing of Greenhouse Medical Plaza, a 116,869-square foot, institutional-quality outpatient medical building located in Houston, Texas. Managing Director Vasili Davos, Senior Managing Director Sabrina Solomiany, and Managing Directors Chris Lashmet and Eric Lee of Berkadia Medical & Life Sciences led the transaction on behalf of the seller, Houston-based Transwestern.
Greenhouse Medical Plaza was acquired by Houston-based Edloe Realty, with acquisition financing secured through Frost Bank.
“Greenhouse Medical Plaza represents a truly rare, Class A, value-add outpatient medical opportunity in one of the nation’s top healthcare markets,” said Davos. “The property will continue to benefit from its immediate proximity to both Houston Methodist West Hospital and Texas Children’s West Campus in a well-defined west Houston medical market.”
Located at 2051 Greenhouse Road, the property is currently 57% leased to an attractive mix of healthcare tenants, including a two-operating-room, ground-floor surgery center focused on robotic spine and joint surgery. Additional medical and healthcare use within the building include imaging/MRI, orthopedics and pain, pediatrics, dermatology, and ophthalmology, as well as a specialized clinical learning and simulation nursing center for Western Governors University (WGU).
Berkadia Medical & Life Sciences provides a client experience unique to its peers and is committed to leveraging Berkadia’s industry-leading platform to help healthcare and life sciences facility owners, operators and developers succeed. Backed by innovative technology and cutting-edge analytics, our experienced mortgage bankers and investment sales advisors serve as your partners.
About Transwestern
Transwestern is a preeminent, vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. Transwestern owns, leases and operates $57 billion in assets and has completed or commenced development on more than $9 billion of real estate projects since 2012. The company’s experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, and life sciences.
About Virtus Real Estate Capital
Virtus Real Estate Capital, founded in 2003, is a built space fund manager with a strong track record across market cycles investing exclusively in needs-based sectors with perennial demand. The Firm has invested in 313 properties totaling $7.6 billion in acquisitions and realized 219 property investments. Virtus focuses on acquisition, development, and structured finance solutions in cycle-resilient sectors, including healthcare, education, storage and middle-income housing.
About Edloe Realty
Edloe Realty is a privately held real estate investment, development, and asset management company with a strong focus on healthcare and medical outpatient properties. Headquartered in Houston, Texas, Edloe Realty is part of the Edloe Ventures platform, which has built a reputation for its hands-on ownership approach, high-quality properties, and long-term partnerships with physicians, health systems, and other care providers.
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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Media Contact:
Page Lowry
Berkadia Real Estate Advisors LLC and Berkadia Commercial Mortgage
215.328.1685
Page.Lowry@berkadia.com
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