HOUSTON-Memorial Hermann Healthcare System has signed a master lease for 35 years for medical space measuring 800,000 square feet in West Houston. The sites included in the lease include Medical Office Buildings 1-4 and the North Tower of Memorial Hermann Memorial City Medical Center campus located at Gessner and Interstate 10.
Memorial Hermann has hired Transwestern to manage the leasing for the medical space. MetroNational and the hospital system will invest $15 million for renovating Buildings 1 and 2. For the full story, go to Houston Business Journal.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
