CLEBURNE, TX—Change in the healthcare industry is driving new activity in the medical office sector and Stage Equity Partners LLC looks to the Texas market for their most recently purchase.
Chicago-based Stage purchased the Cleburne Medical Office Building in Cleburne, Texas southwest of Fort Worth for $5.7 million from a private partnership. GE Capital provided financing for the transaction.
The 25,850-square-foot property is located at 2010 Katherine P. Raines Road along Highway 67. Cleburne Medical Office Building is 100% leased and anchored by Cleburne Surgical Center, a state-of-the-art outpatient facility.
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