Anchor Health Properties And BGO Acquire Medical Office Building In Austin From Olympus Ventures

The asset involved in the transaction is a medical office property located at 5625 Eiger Road in Austin. It features a total square footage of 71,394, fully leased to tenants including Premier Family Physicians, Ascension Seton, and Texas Children’s Pediatrics.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: Not specified
• Address: 5625 Eiger Road
• Market: Austin
• Asset Size: 71,394 SF
• Buyer: Anchor Health Properties & BGO
• Seller: Olympus Ventures
• Broker: Chris Bodnar, Cole Reethof, Brannan Knott, Brandy Spinks & Scott Carter - CBRE

This transaction highlights the involvement of Anchor Health Properties and BGO as the buyers acquiring the property from Olympus Ventures. The brokers from CBRE facilitated the deal, indicating ongoing investor interest in medical office buildings due to factors like high occupancy rates and stable cash flow.