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Developer Targets Medically Underserved Markets

AUSTIN, TX—Medical Towers at Bee Cave is approximately 80% leased as part of a unique business model enabling tenants to become equity owners through the creation of a limited liability corporation.

By Lisa Brown | lisabrown | Updated on August 24, 2016

Medical Towers at Bee Cave Medical Towers at Bee Cave has already attracted up-and-coming medical-related businesses.

AUSTIN, TX—At a prime intersection in a western suburb, located on a 2.1-acre site off the northwest corner of RM 620 and State Highway 71, space in the Medical Towers at Bee Cave has already attracted up-and-coming medical-related businesses. Alive and Well wellness center, Lone Star Podiatry and River City Docs are planning to occupy space there.

In addition, Hat Trick Development plans to build a medical office building on the site, with the lead occupant, Hill Country Apothecary, a Lakeway-based compounding pharmacy, intending to launch a comprehensive wellness center. Approximately 80% of the space has been spoken for as part of Hat Trick’s unique business model. That model enables tenants become equity owners in the building through the creation of a limited liability corporation for the building. Each tenant’s share of the building is based upon the size of the space leased.

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