Ridgeline’s Mission is to Acquire TX Healthcare Facilities

Connally Oaks is 95% occupied by eight medical practices on triple-net leases.

SAN ANTONIO—The three-story 42,000-square-foot Connally Oaks Medical Center, which was built in 2008, is located at 2130 NE Loop 410, directly south of the 371-bed Northeast Baptist Hospital. The building is a class-A asset and 95% occupied by eight medical practices on triple-net leases, anchored by a national oncology group. Other tenants in the building include primary care, physical therapy, neurology, podiatry, dentistry and pain management specialists.

Ridgeline Capital Partners recently completed the acquisition of the building. Ridgeline says its mission is to acquire healthcare facilities in Texas and across the Sun Belt with more than 40,000 square feet of space and occupancies ranging from 50% to 100%. The company has now made seven acquisitions since its launch in early 2014.