The new owner is affiliated with the Kaner Medical Group, an operator of specialized medical clinics in the metroplex, says Beaux Riley of SCM Real Estate Services in Arlington. He tells GlobeSt.com that a plan is at the talking table to put a wellness clinic or physical therapy rehab in the building, but emphasizes that nothing has been firmed up.

Eden Gardens-Bedford LP, a medical properties owner from Alpharetta, GA, was the seller of the former single-tenant property once leased to a Baylor University affiliate. Riley was the sole broker negotiating the transaction for the building, which sits on slightly less than an acre.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.