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FORT WORTH-A trio of medical properties have been sold, with one going in Fort Worth’s Medical District and the others–Texas and Georgia–hawked by a Fort Worth REIT.

The Fort Worth property is an 88,904-sf, 96%-leased office building at 1307 8th St. Fort Worth Office Partners LLC of Jacksonville, FL is the seller. A group of North Texas investors, with a vested interest in medical properties, is the buyer.

Jim Turano of Dallas-based Henry S. Miller Commercial tells GlobeSt.com that the asset was on the market just 30 days before it was snapped up by the local investment group. Turano represented the seller while the buyer used Robert McCarroll of Denwood Butler Commercial in Fort Worth to negotiate the terms. The seller sold, Turano said, because it simply was time to turn around the building for the return. The property, built in 1985, is a six-story design that’s assessed at $5.4 million by the Tarrant Appraisal District.

Fort Worth REIT, Crescent Real Estate Equities Co., collected $1.1 million for a 61,000-sf Corpus Christi, TX building at 3126 Rodd Field Rd. Warm Springs Rehabilitation of San Antonio is the buyer. In Macon, GA, Ramsay Hospital Properties Inc. of Coral Gables, FL gave Crescent $3.3 million for a 73,000-sf medical property at 3500 Riverside Dr.

The properties are part of a nine-building package of Charter Behavioral Health facilities that Crescent’s been selling through Cushman & Wakefield of Arizona Inc. brokers Larry Downey and Jerry Jacobs. “Significant interest has been generated and we’re optimistic that all of the assets will be sold in the next nine months,” Downey said in a press release. Charter Behavioral’s remaining properties are located in Florida, Indiana, Kansas, Texas and Wisconsin.

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