Stage Equity Makes Fourth Dallas Buy

DALLAS–Chicago-based Stage Equity Partners LLC has acquired a 37,000-square-foot class A multi-tenant medical office building in Carrollton. It is the company’s fourth medical office acquisition in Dallas and its fifth in Texas.

According to Stage principal Brian Howard, the single-story building was purchased in an off-market transaction from the physician owners of OrthoTexas. As part of the transaction, OrthoTexas leased back the majority of the building under a long-term lease. MetroCrest Surgery Center (a joint venture between USPI, Baylor Scott & White Health and Tenet Health), leases the remainder of the building for the operation of an ambulatory surgery center. American Momentum Bank provided financing for the project. [GlobeSt]

 

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