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The goal of the office buildings will be medical-type facilities, but general office use will be considered. The location is situated between Baylor Scott & White Medical Center in Grapevine and Methodist Southlake Medical Center.
Walmart says it is taking a more deliberate approach to expansion. However, the company did ratchet up its expansion plans last year before its more recent slowdown. Walmart previously said it planned to have more than 75 health centers operational by the end of this year. Now, Walmart plans to hit that target in early 2025.
Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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