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Waco's Hillcrest Medical Center I & II soldWaco's Hillcrest Medical Center I & II soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=88862012-12-05T14:26:00Z2012-12-03T00:00:00Z

WACO - 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 sf.

The four Texas properties included:

  • the 101,455-sf Hillcrest Baptist Medical Center I in Waco;
  • the 54,744-sf Hillcrest Baptist Medical Center II in Waco;
  • the 100,740-sf Longview Medical Office Building, at 707 Hollybrook Dr.; and
  • the 58,397-sf Medical Mall of Abilene in Abilene.

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

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