Virtus Real Estate Capital & Lincoln Property Company Acquire Southlake Medical Office Building | Methodist Southlake Medical Office Building trades | Vasili Davos, Brian Bacharach | Medical Office | Sale

Summary

Sale

TEXAS

Medical Office

82,238 sqft

The Methodist Southlake Medical Office Building, a Class A medical office property, has been sold in Southlake, Texas. The property is located at 431 East State Highway 114 and spans a total square footage of 82,238. The transaction was arranged by JLL Capital Markets.

Summary of transaction details:

Property Type: Medical Office
Transaction Amount: Not specified
Buyer: Virtus Real Estate Capital & Lincoln Property Company
Seller: LandPlan Development
Brokers: Brian Bacharach & Vasili Davos - JLL

The Methodist Southlake Medical Office Building sale was facilitated by JLL Capital Markets on behalf of the buyer, a partnership between Virtus Real Estate Capital and Lincoln Property Company. The exact transaction amount was not disclosed.

Players

All
3

Agents
2
Agencies
1

Vasili Davos

Vice President

Brian Bacharach

Managing Director, Capital Markets

$600M Sold

JLL

Details

Deal Summary

SOLD

IMAGE: Brian Bacharach & Vasili Davos DATE: 06/22/2023 ADDRESS: 431 East State Highway 114 MARKET: Southlake ASSET TYPE: Medical Office ~ SF: 82,238 BUYER: Virtus Real Estate Capital & Lincoln Property Company (@LincolnPropCo) SELLER: LandPlan Development BROKERS: Brian Bacharach & Vasili Davos - JLL (@JLL) NOTE: JLL Capital Markets has arranged the sale of the Methodist Southlake Medical Office Building, a Class A medical office property in Southlake, Texas. The buyer is a partnership of Virtus Real Estate Capital and Lincoln Property Company.

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