SOLD
Boyd Watterson Asset Management Acquires Austin Outpatient Clinic For $142M
7901 Metropolis Drive
Hospital
272,636 SF
272,636 SF
Sold 291 days ago
Summary
Sale
TEXAS
Hospital
272,636 sqft
A 272,636-square-foot outpatient clinic in Austin, Texas has been sold for $142 million. The Class A facility, located at 7901 Metropolis Drive and operated by the U.S. Department of Veterans Affairs, offers a range of medical services and is situated near the Austin-Bergstrom International Airport. The property spans 35 acres and is categorized as a hospital.
Summary of transaction details
- Property Type: Hospital
- Transaction Amount: $142,000,000
- Square Footage: 272,636
- Address: 7901 Metropolis Drive
- Market: Austin
Boyd Watterson Asset Management has acquired the outpatient clinic from Healthcare Property Advisors. The transaction was facilitated by the CBRE team, including brokers Will Pike, Lee Asher, Brian Pfohl, Cyrus Felfeli, and Jordan Selbiger. The property's sale price translates to approximately $521 per square foot.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Will Pike, Lee Asher, Brian Pfohl, Cyrus Felfeli & Jordan Selbiger
DATE: 07/18/2023
ADDRESS: 7901 Metropolis Drive
MARKET: Austin
ASSET TYPE: Hospital ~ SF: 272,636 ~ ACRES: 35
BUYER: Boyd Watterson Asset Management
SELLER: Healthcare Property Advisors
BROKERS: Will Pike (@Mrkktww), Lee Asher, Brian Pfohl, Cyrus Felfeli & Jordan Selbiger - CBRE (@CBRE)
SALE PRICE: $142,000,000
SF: 272,636 ~ PPSF: $521
NOTE: Boyd Watterson Asset Management has purchased a 272,636-square-foot outpatient clinic in Austin, Texas for $142 million. The Class A facility, operated by the U.S. Department of Veterans Affairs, provides various medical services and is located near the Austin-Bergstrom International Airport.View on map
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Address7901 Metropolis Drive
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