Dallas, Texas - A German Family Office represented by International Capital, LLC, was successful in selling a two-building portfolio of an MOB and ASC in Southlake, Texas. The portfolio consisted of two adjacent medical facilities with a total of 28,000 square feet leased to national health care operators in the gastroenterology field.

The MOB is fully leased to GI Alliance, the largest independent GI provider in the U.S., which recently merged with Cardinal Health (NYSE: CAH). The ASC is leased to a joint venture between a partnership comprised of Baylor Scott & White Health, USPI, and a group of affiliated physicians.

The highly strategic portfolio sits in Southlake, one of the most desirable suburbs within the DFW Metroplex.

The owner decided to sell the portfolio after a 10-year holding period. Martina Crevecoeur, SVP of International Capital, the FO’s asset and property manager, partnered with HREA | Healthcare Real Estate Advisors on the transaction. HREA facilitated a highly competitive sale process, receiving multiple competitive offers and attaining favorable pricing for the owner.