Highland Ventures has sold the Highland Ventures HVP Net Lease Portfolio, an 18-property veterinary clinic portfolio spanning 10 states.
JLL worked on behalf of the seller, Highland Ventures and its Legacy Commercial Property division. Legacy Commercial Property is the nation’s leader in convenience retail with more than 700 properties nationally. Highland Ventures is a fourth-generation family business based in Nashville.
The portfolio comprises 101,942 square feet of freestanding veterinary clinics across Florida, Georgia, Illinois, Indiana, Louisiana, Missouri, North Carolina, Tennessee, Texas and Wisconsin. The properties are 100 percent leased to Heartland Veterinary Partners, a leading private equity-owned veterinary support organization with more than 300 locations across the United States.
