Longview MOB sold in $332M dealLongview MOB sold in $332M dealhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=88492012-12-05T13:51:00Z2012-12-05T00:00:00Z

LONGVIEW - Seavest Healthcare Properties has sold 14 medical office buildings in six states totaling 1.2 million sf to Duke Realty for $332 million. The purchase price averages about $267 per square foot.

The four Texas properties included:

  • the 100,740-sf Longview Medical Office Building, at 707 Hollybrook Dr.;
  • Hillcrest Baptist Medical Center I & II in Waco; and
  • the Medical Mall of Abilene in Abilene.

The portfolio is 90 percent leased, and most buildings are on hospital campuses.

Longview News Journal
http://www.news-journal.com/business/local_business/business-beat-subway-opens-new-location-in-longview/article_4475aae3-4466-5e94-9021-b0073bad384f.htmlRead more at {Source}

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