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Katy Medical Arts Center Katy Medical Arts Center is a 61,082-square-foot medical office building that recently sold.

KATY, TX—Healthcare continues to garner interest from investors from a future needs perspective. The latest example is Katy Medical Arts Center, a 61,082-square-foot medical office building that recently sold to a private equity-backed healthcare real estate investor. The building is fully occupied by a range of healthcare tenants that provide primary care, ophthalmology, cardiology, podiatry, lab, endovascular surgery, mammography, hand and general surgery, nephrology, oncology, imaging, dermatology, and gastroenterology services.

The mix of tenants allows for a strong referral network within the facility. Katy Internal Medicine and Katy Cardiology Associates are the largest tenants in the building, occupying 18% and 10% of the gross leasable area, respectively. The abundance of private-practice tenants allows for future credit enhancement, should it be acquired. Occupants with a national presence include LabCorp, US Oncology and Quest Diagnostics.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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