Franklin Templeton and Clarion Partners have announced Clarion Partners Real Estate Income Fund Inc.’s acquisition of three healthcare real estate properties across Texas, Florida and Colorado. The acquisitions reflect Clarion’s continued focus on high‑quality healthcare real estate supported by durable demographic tailwinds, mission‑critical tenancy, and long‑term income visibility.
The investments further diversify the CPREX portfolio by geography, tenant, and healthcare subsector, while complementing the fund’s existing exposure across industrial, residential and alternative real estate. The newly acquired assets include:
Denton Medical – Denton, Texas (Dallas-Fort Worth MSA)
This 38,000‑square‑foot medical office and inpatient rehabilitation facility is located within a dense medical corridor and directly adjacent to an affiliated major hospital campus. The property is 100 percent leased on a long-term basis to a leadi