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Southwest Medical Village Is Sold

AUSTIN-- Southwest Medical Village, a recently constructed class A medical outpatient facility in the southwest submarket, has been sold. CBRE Capital Markets' Institutional Properties Group announced the sale; Denver-based EverWest Real Estate Partners LLC worked with the buyer to purchase the asset for an undisclosed price. Gary Carr, Eric Mackey, John Alvarado and Robert Hill, with CBRE's Dallas office, represented the seller, Harrod Healthcare Development.

By Anna Caplan | Updated on March 04, 2015

AUSTIN– Southwest Medical Village, a recently constructed class A medical outpatient facility in the southwest submarket, has been sold. CBRE Capital Markets’ Institutional Properties Group announced the sale; Denver-based EverWest Real Estate Partners LLC worked with the buyer to purchase the asset for an undisclosed price. Gary Carr, Eric Mackey, John Alvarado and Robert Hill, with CBRE’s Dallas office, represented the seller, Harrod Healthcare Development.

Completed in January 2014, the fully leased asset has approximately 70,000 square feet of medical office space and offers above-code parking. The property, at 5625 Eiger Road, is anchored by Premier Family Physicians, an independent, physician-owned family medicine practice, and also includes 18 other specialty practices.

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