A joint venture between Altera Fund Advisors and Harrison Street has acquired Legacy Oaks Medical Complex, a seven-building medical office campus totaling 227,657 rentable square feet in San Antonio, Texas.
The financial terms were not disclosed; however, JLL Capital Markets marketed the property on behalf of the seller, Velocis.
Situated on 13.6 acres, the Legacy Oaks Medical Office Complex consists of a six-story medical office tower and six plaza buildings totaling 227,657 rentable square feet. The complex is occupied by a desirable tenant mix, including primary care, pediatrics, rheumatology, ophthalmology, optometry, radiology, pain management and outpatient rehabilitation.
The property is ideally positioned for outpatient services with adjacency to the 900-acre South Texas Medical Center, the region’s premier medical district consisting of more than 75 medically related institutions and 12 hospitals with more than 4,200 patient beds.
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