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.

The property, located at 4780 North Josey Lane, is 100 percent leased to established medical practices. OrthoTexas has 27 physicians and over 250 employees.

“Stage is pleased to increase its ownership presence in Dallas, a target market for us, and we look forward to continued portfolio growth in this dynamic area,” Stage principal Russell Brenner told GlobeSt.com. “OrthoTexas is an excellent tenant partner for us and a complementary addition to our Texas portfolio.”

In addition, each tenant has direct access to patient pre-operatory and post-operatory rooms, covered staff parking and distinct monument signage.