Kingwood Endoscopy Center - Kingwood, TX
“Working with the HG Real Estate Partner team was great. The communication was timely and relevant throughout the process. I would definitely work with HG again.”
— Transaction Highlights—
Transaction Value: $5,700,000
Key Points: Multi-tenant healthcare clinic and surgery center,100% medical occupied, located blocks away from HCA’s Kingwood Hospital campus, 2019 build.
Medical Office Building Components: Endoscopy Center, Digestive Clinic and an Orthopedics Clinic .
Buyer: Private Equity Seller: Physician Partnership
— TRANSACTION Summary —
The subject property is a three-tenant, 100% occupied medical office building located blocks away from HCA’s Kingwood Hospital campus. The final deal structure was a product of adjusting multiple leases and resulted in a weighted average lease term (WALT) of 13+ years. The transaction was seamless, primarily as there were no problems during the due diligence phase - all deadlines associated with the buyer and their third party reports were achieved in a timely manner.