REOC San Antonio
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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Schertz Medical Building included in Griffin-American purchase of 14 MOBs

Schertz Medical Building

The Schertz Medical Building (20,000 sf) located at 5000 Baptist Health Drive in the satellite community of Schertz is the latest in a growing list of San Antonio-area medical office properties that have grabbed investor interest in 2012.  American Healthcare Investors and Griffin Capital Corporation recently purchased the single-story building on behalf of Griffin-American Healthcare REIT II as part of a $106.7 million package deal that included 14 medical office buildings located in nine states. 

The building is currently 100% occupied with two tenants – Alamo City Medical Group and Schertz Kidney Center.

Click to read American Healthcare’s press release regarding the 14-building sale (7-11-12)

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