• Industry News

Big Sky Medical Expands Dallas-Fort Worth Footprint With Medical Office Building Acquisition

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The Richardson Medical Center I, a 118,472-square-foot MOB in Richardson, was just acquired by Big Sky Medical. The property is some 20 miles Northeast of downtown Dallas and surrounded by medical providers. Big Sky Medical has invested in more than 7 million square feet of Texas health-care assets valued at more than $2.2 billion.

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Healthpeak Properties, Physicians Realty Trust Enter $21B Merger

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The new company will operate a portfolio of 52 million square feet of health-care facilities, of which 40 million square feet represent outpatient properties in Dallas, Houston, Nashville, Phoenix and Denver. The partners expect to generate run-rate synergies of more than $40 million by the end of the first year, and $60 million by the end of the second year.

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Medical Office Building Sector Remains Stable, Attractive

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According to a new Medical Office National Report from Institutional Property Advisors. the MOB sector is seeing a return to more stable property fundamentals, But a key problem could still hinder growth, according to the report.

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