Ben Barr And Maury Tognarelli Acquire Medical Office In Sugar Land From Money360 For JV

The transaction involved the acquisition of a medical office property located at 7616 Branford Place in Sugar Land, Texas. The asset is a three-story medical outpatient facility built in 2014, encompassing a total square footage of 60,000. The property was sold by Money360, which had acquired ownership through foreclosure in 2021.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: Not specified
• Address: 7616 Branford Place
• Market: Sugar Land
• Square Footage: 60,000
• Buyer: Ben Barr - Woodside Health
• Buyer: Maury Tognarelli - Heitman
• Seller: Money360

Woodside Health and Heitman formed a joint venture to acquire the property, adding it to their portfolio of recent Texas acquisitions, including the Twelve Oaks Professional Center situated in Austin.