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Brian Howard Of Stage Equity Partners Acquires Medical Office Portfolio In El Paso For Undisclosed Amount

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SOLD

Texas

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Medical Office40,750 SF
Sold 01/15/2026
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SOLD

Brian Howard Of Stage Equity Partners Acquires Medical Office Portfolio In El Paso For Undisclosed Amount

1393 George Dieter Drive

See Similar Deals
Medical Office40,750 SF
Sold 01/15/2026
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:40,750 SF
Transaction Type:Sale

Stage Equity Partners acquired a two-building, 40,750-square-foot medical office portfolio located at 1390 and 1393 George Dieter Drive in El Paso, Texas. The assets are 100% leased, anchored by University of El Paso Medical Center and Tenet Health, featuring a weighted average lease term of approximately 7 years.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: Not disclosed
  • Address: 1390 & 1393 George Dieter Drive
  • Market: El Paso
  • Buyer: Brian Howard - Stage Equity Partners
  • Broker: Jay Miele - Newmark
  • Lender: Wintrust Bank

The acquisition marks Stage Equity Partners' ninth purchase in Texas. Jay Miele of Newmark represented the institutional fund manager, who was the seller in this transaction, while Wintrust Bank provided the financing for the deal.

Players

Jay Miele
Newmark
Jay Miele
9 deals$663.8M volume
BROKER
Wintrust Bank
Wintrust Bank
LENDER

Details

SOLD
IMAGE: Brian Howard & Jay Miele DATE: 01/15/2026 ADDRESS: 1390 & 1393 George Dieter Drive MARKET: El Paso ASSET TYPE: Medical Office ~ SF: 40,750 BUYER: Brian Howard - Stage Equity Partners BROKER: Jay Miele - Newmark (@Newmark) LENDER: Wintrust Bank (@Wintrust) NOTE: Stage Equity Partners acquired a two-building, 40,750-square-foot medical office portfolio at 1390 and 1393 George Dieter Drive in El Paso, Texas, marking its ninth acquisition in the state; the seller was an institutional fund manager. The 100% leased assets, anchored by University of El Paso Medical Center and Tenet Health with a ~7-year WALT, were financed by Wintrust Bank, with Newmark’s Jay Miele representing the seller.

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