Blueprint facilitates sale of two on-campus multitenant medical outpatient buildings to local physician tenant.
Blueprint was engaged by an institutional owner for the marketing and auction sale of two multitenant medical outpatient buildings located on the campus of Nacogdoches Medical Center in Nacogdoches, Texas.
Totaling 27,000 RSF, the cash-flowing properties maintained substantial credit tenancy, including health system-affiliated physician groups and a nationally renowned oncology provider. Having been well-maintained by the seller during its hold, the properties were perfectly positioned for an incoming investor to leverage the health system’s recent expansion in the local market and realize significant value-add upside.
Following an all-inclusive marketing campaign covering healthcare real estate acquirers and local investors alike, the winning bid ultimately was placed by a family practice physician and tenant – from inside the buildings!
After working collaboratively and seamlessly with Blueprint and the seller toward a successful closing, the buyer plans to leverage their deep ties in the local market to unlock additional value and continue providing top-quality care, representing a win for the Nacogdoches community.
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