Tenet MOB Portfolio


The Tenet Medical Office Building portfolio is comprised of 7 on-campus medical office buildings located in major Texas markets including Houston and El Paso. Requiring deferred maintenance, the portfolio benefitted from capital improvements, and a professional management and leasing program that would enhance the value of the buildings.

Property Details

  • Portfolio of seven medical office buildings
  • Acquired at discount to replacement cost
  • Portfolio primarily made up of on-campus medical office buildings
  • Several hospital master leases in place to ensure hospital alignment

Property Highlights

  • $10MM Cap-ex upgrade program over four years
  • Value added through cosmetic improvements and modern lease agreements
  • Increased occupancy by 20% and grew NOI by almost 200%
  • Executed sale in January 2016 to medical REIT

34 St Martin

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Clearfork Mixed Use

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