SAN DIEGO - Nov. 6, 2020 - HREA | Healthcare Real Estate Advisors is pleased to announce the successful sale of a 40,000 SF Class "A" Physician-Owned Medical Office Building located in the greater Dallas/Fort Worth MSA.

The Class "A" medical office building was recently developed to consolidate multiple physician practice groups and ancillary services into one location. With 14 practice groups, the property provides patients with convenient access to a variety of specialties and services, including ENT, orthopedics, gastroenterology, pain medicine, family practice, and physical therapy.

HREA structured the transaction as a Hybrid Sale-Leaseback, which allowed the existing physician-owners to continue to own 24% of the building in a tax-deferred manner and achieve a valuation multiple of over 16 times. As a result, the physician-owners were able to get both liquidity in the form of distributions, as well as physician-ownership alignment between the practice (Opco) and the real estate (Propco).

ABOUT HREA
Healthcare Real Estate Advisors (HREA) is a national leading commercial healthcare real estate advisory firm specializing in the disposition of medical assets throughout the U.S. As a seasoned team, the founders of HREA have completed over $3 billion of healthcare real estate sale transactions in nearly every state in the U.S.

Visit us at http://www.healthcareREA.com

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Healthcare Real Estate Advisors