Centrally-located property at 1401 Philomena St., adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space
LOS ANGELES – September 10, 2025 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it has inked lease agreements with two new tenants at 1401 Philomena St. in Central Austin, which first opened in 2023 and which Stockdale acquired in 2024.
The new tenants include a fully-integrated dental care provider, which will occupy 13,000 square feet beginning in June 2026. In addition, an Austin-based ENT physician will occupy a 3,000 square-foot space beginning in November 2025.
“Stockdale welcomes our two new clients to 1401 Philomena. We are excited to build the medical community in Mueller Austin, with 1401 serving as an integral care outpost with unmatched quality and convenience for providers and patients,” said Andrew Saba, Managing Director, Healthcare at Stockdale. “1401 Philomena is the newest medical office building in the Austin area, offering a patient experience far superior to any of the legacy medical office projects in the marketplace.”
1401 Philomena is a best-in-class, LEED Gold-rated medical office property, and is part of Mueller Austin, a 700-acre master-planned community. 1401 Philomena includes 129,382 square feet of rental office space, as well as an attached 559-stall parking garage which maximizes accessibility and patient flow. The property is the first non-affiliated, purpose-built Class-A medical office building constructed in Central Austin since 2013. With a population of 2.55 million people, the Austin metropolitan area is one of the fastest-growing urban centers in the country.
With wider column spacing and higher deck-to-deck heights, 1401 Philomena’s construction allows it to accommodate users ranging from smaller spaces of 2,000-3,000 square feet to entire floors up to 28,000 square feet with the ability to accommodate higher acuity services throughout.
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About Stockdale Capital Partners:
Stockdale Capital Partners is a vertically-integrated real estate investment firm with a 30-year history of investing in commercial real estate across multiple asset classes throughout the U.S. The company is an owner-operator specializing in the redevelopment and repositioning of real estate assets with expertise in revitalizing urban properties of all types. The firm currently manages approximately $3.0 billion in gross AUM on behalf of several discretionary, comingled closed-end and open-ended funds. For more information, please visit our website at http://www.stockdalecapital.com
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