REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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New Lexington Plaza MOB lands Acuityhealthcare LTAC

Lexington Plaza

Lexington Plaza

Acuityhealthcare,  a privately-owned Long Term Acute Care (LTAC) hospital company, signed a 20-year lease to occupy the entirety of the newly completed Lexington Plaza (33,431 sf) medical office building in downtown San Antonio.Located at 718 Lexington Ave., between Baptist Medical Center Hospital and Metropolitan Methodist Hospital, the speculative three-story building came online vacant last quarter.  The building is owned by Lexington Affiliates, LP headed by Dr. Sanjay Misra who originally intended to move his orthopedic group into 5,000 square feet in the new building and market the remainder of the space for lease or sale.  Instead, Acuityhealthcare will build out the space as a LTAC.  Acuity currently operates a 30-bed LTAC at 7310 Oak Manor Drive in the South Texas Medical Center. 

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