TEXAS TECH PHYSICIANS, EL PASO, TX

TEXAS TECH PHYSICIANS, EL PASO, TX

Medical Office Building

Tenant Operator: Texas Tech Physicians, Tenet Healthcare

110,000 square feet delivered 2016

Exit Sales Price: $45,000,000 (acquired by national REIT in 2021)

Equity Multiple: 7.5x

Internal Rate of Return: 49%

Build-to-suit, on-campus medical office building (MOB) immediately adjacent to Hospitals of Providence Transmountain Campus Hospital