Ridgeline Capital Partners Makes 2 More Buys
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Rosedale Medical Plaza is a 26,000-square-foot class A medical office building at 1106 Alston Ave. in the Fort Worth Medical District.
DALLAS–Ridgeline Capital Partners has acquired two medical office buildings in Texas in two separate transactions, marking the Dallas-based company’s fourth acquisition in the past ten months.
The properties include the Rosedale Medical Plaza, a 26,000-square-foot class A medical office building located at 1106 Alston Ave. in the Fort Worth Medical District, andBellaire Medical Plaza, a 60,000-square-foot class B medical office building located at 5420 Dashwood Drive in Houston. The seller for the Fort Worth property was Alston Capital LLC; the Bellaire seller was BS Dashwood LLC.
“Ridgeline was attracted to the infill locations where there’s significant demand for medical space, coupled with the in-place below market rents and excess land to add additional space,” Jeff Axley with Ridgeline, told GlobeSt.com…
