Population growth drives demand for local medical office space.
Location: 12222 Coit Road, Dallas, TX
Market: Dallas Fort Worth
Deal Type: Acquisition
Deal Size: 7,190 s.f.
Sector: Class A Medical Office
“Major population growth in the Dallas Fort Worth market has created great demand for key services, including healthcare. For the medical office market, this means both rent growth and continued CAP rate compression. The Coit Road building is our first medical office transaction in the Dallas Fort Worth market and we expect to purchase more of this product type in the future.”
Mark Bolour, CEO
Bolour is a fully integrated real estate investment, development and finance firm, actively investing in value-add assets in emerging and transit-oriented neighborhoods. Visit bolourassociates.com/investment for more information or contact Kevin Saghian directly at 323.677.0550 x106 or kevins@bolourassociates.com.