Berkadia Medical & Life Sciences is pleased to announce the closing of Sunnyvale Medical Center in the Greater Dallas market. Sabrina Solomiany, Eric Lee, Vasili Davos, Chris Lashmet, and George Desloge acted as the exclusive advisors to Montecito Medical Real Estate on the disposition.

Built in 2019, the 21,908-square-foot Property is 100% leased, with 76% leased to Texas Health Resources (Moody’s ‘Aa2’) across two suites for primary care and cardiology, with services that include cancer screenings, x-ray, imaging, and EKG. The remaining 24% is leased to Envision Radiology (Health Imaging Partners), offering MRI, CT scans, x-rays, mammography, and ultrasounds, among other imaging services. The Property is strategically located in Sunnyvale, Texas, one of the fastest growing submarkets in Dallas.

Montecito Medical is one of the nation’s largest privately held companies specializing in healthcare-related real estate acquisitions and partnering with physicians and developers to fund development of medical real estate. Since 2006, Montecito has completed transactions involving more than $5 billion in medical real estate.