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Big Sky Medical Acquires 38,370 SF Healthcare Property in San Antonio

Alamo Quarry Center

Dallas-based investment firm Big Sky Medical Real Estate recently acquired the Alamo Quarry Center from Mohr Capital who has owned the building since September of 2021.

The two-story healthcare property spans 38,370 square feet and is located in the iconic Alamo Quarry Market at 250 E Basse Road just off US Highway 281 in North Central San Antonio.

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Methodist Plaza II gets underway at Northeast/Live Oak Campus

Methodist Plaza II

Methodist Healthcare recently broke ground on a second medical office building at its Live Oak campus.  The expansion of Methodist Hospital Northeast introduced Methodist Plaza II, a three-story building to span more than 73,000 square feet.
Methodist Plaza II will house a hospital-based outpatient surgery center featuring five operating rooms. 

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Methodist Hospital-Landmark to replace Forest Park Medical

5510 Presidio Pkwy

The former Forest Park Medical Center located at 5510 Presidio Parkway is getting a new lease on life courtesy of Methodist Healthcare.  After acquiring the real estate in 2018, Methodist recently announced plans to invest more than $50 million to redevelop the shuttered facility into Methodist Hospital-Landmark – a new community hospital that will house roughly 50 beds and emergency facilities.

Although plans are not final, the hospital is expected to be operational by 2023. The new hospital will be part of an expanding mixed-use development that includes Methodist’s headquarters. …Read Entire Post


Two New Medical Office Buildings Coming to Ridgewood Plaza

Ridgewood Plaza

Two new medical office buildings are slated for development in the Ridgewood Plaza business park in Far North Central San Antonio. Construction is slated to begin in early June and is expected to be complete by February 2023.

WellMed will occupy 18,000 square feet to fill the first building will share the lot with the existing TSAOG Orthopedic and Spine Ridgewood Orthopedic Center located at 19138 US Hwy 281 N. …Read Entire Post


Joint Venture acquires Legacy Oaks Medical Complex

Legacy Oaks Medical Complex

Dallas-based private equity firm Velocis recently sold The Legacy Oaks Medical Complex to a joint venture between Altera Fund Advisors and Harrison Street.

Tenants occupying the 227,627-square-foot project include a mix of primary care, pediatrics, rheumatology, ophthalmology, optometry, radiology, pain management and outpatient rehabilitation users. …Read Entire Post


OneFiftyOne Medical Office Under Construction

OneFiftyOne-Medical Office

Construction is underway on OneFiftyOne Medical Office, a new Class A medical office building located along the Highway 151 corridor in Westover Hills.

Situated in the Far West sector of San Antonio, the 60,000-square-foot building will sit on 4.4 acres at the intersection of Westernhill Drive and Hwy 151. …Read Entire Post


Baptist Health System Acquires 23-acre site in Boerne for New Hospital Campus

Baptist Health System recently purchased a 23-acre site near Interstate 10 and Highway 46 in Boerne where it plans to develop a new campus that will include an acute-care hospital and medical office building.

The project, already approved and funded, will include an initial investment of more than $50 million for the hospital alone.  The hospital is expected to be completed by late 2023 or early 2024. …Read Entire Post


Methodist Expected to Break Ground on $150M West Side Hospital

Nearly two years after initial plans were announced that Methodist Healthcare would build a new hospital campus in the fast-growing Westover Hills area, it is anticipated that Methodist is preparing to begin construction on the 74-acre site along Highway 151.

Plans call for a four-story, acute-care hospital spanning 180,000 square feet and a four-story medical office building encompassing roughly 125,000 square feet. Both structures are expected to be completed by 2023. …Read Entire Post


IRA Capital Buys trio of medical office buildings

IRA Capital recently acquired a 55,457-square-foot medical office building portfolio in San Antonio. The portfolio encompasses three medical office buildings and an ambulatory surgery center.

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Montecito Acquires Westover Hills Medical Office Building

5715 Rogers Road

Healthcare investment firm Montecito Medical recently acquired a newly built, 29,375-square-foot medical office building located at 5715 Rogers Road in the Westover Hills neighborhood in Far West San Antonio.  …Read Entire Post