Milam Real Estate Capital Sells Methodist Hospital Northeast Plaza II Medical Office In Live Oak

The property involved in this transaction is a medical office asset located at 12500 Judson Road in Live Oak, Texas. This asset spans 75,000 square feet and is fully leased, primarily to Methodist Healthcare and other tenants. The deal reflects the ongoing interest in medical office space amid economic changes.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: Not specified
• Address: 12500 Judson Road
• Market: Live Oak
• Asset Size: 75,000 SF
• Seller: Plack Carr & Paul Rohlfs, Jr. - Milam Real Estate Capital
• Broker: Eric Lee, Vasili Davos, Sabrina Solomiany & Chris Lashmet - Berkadia

Milam Real Estate Capital completed the transaction by selling the Methodist Hospital Northeast Plaza II to a publicly traded REIT. Berkadia facilitated the deal, highlighting the collaborative efforts of both the brokers and the seller in the successful transaction.