Maple Street Management Acquires 11000 SF Medical Office In Bastrop From Blue Drake Capital

A medical office was sold located at 3107 State Highway 71 East in the Bastrop market. The asset comprises 11,000 square feet and was constructed in 2009. The property is leased to Texas Oncology on a triple-net basis.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: Not disclosed
• Buyer: Maple Street Management
• Seller: Robert Hoodis - Blue Drake Capital
• Brokers: David Annett, Jeff Matulis & Toby Scrivner - NorthMarq
• Mortgage Broker: Jada Purchase - NorthMarq

The transaction involved multiple key participants from NorthMarq, as they brokered the sale and provided acquisition financing for the deal, showcasing their involvement in both the brokerage and mortgage aspects of this transaction.