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The programmatic joint venture between the two leading specialists in the sector has the ability to acquire up to $300 million in medical office assets across the Sunbelt region over the next two years.
With growing demand driven by the country’s aging population and costs to build new medical office buildings have soared, converting some office buildings seems to be just what the doctor ordered.
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.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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