X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BEDFORD, TX-A 6,400-sf medical office building has changed hands in a $600,000 sale to K&K Properties Inc., a Dallas-Fort Worth investment group. The building at 1999 Forest Ridge Dr. in the suburb of Bedford is leased to multiple tenants, but that could be changing too.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.