Physicians Realty trusts $25M for hospital, MOB

SAN ANTONIO – The Foundation Bariatric Real Estate of San Antonio’s 46,000-sf surgical hospital was acquired by Physicians Realty Trust. The transaction is valued at just under $19 million.

Physicians Realty has also reached an agreement to pay $6.8 million to acquire a nearly 23,000-sf medical office building located on Huebner Rd.

The office building, adjacent to the Foundation Surgical Hospital of San Antonio, was acquired from Foundation Bariatric Real Estate of Huebner L.P. The medical office building was developed in 2007 and is currently 100 percent occupied.

The surgeons who own and practice at the hospital include specialists in neurosurgery, orthopedics, bariatrics, urology and general surgery.