May 17, 2021
Fort Worth – Transwestern Real Estate Services (TRS) announces the sale of 5900 Altamesa Blvd., a 43,397-square-foot medical property located in Fort Worth. Transwestern’s Bill Behr and Jim Sager listed the property on behalf of the seller, USMD Hospital at Fort Worth, LP (“USMD”). The Purchaser was 5900 Altamesa Blvd Partners, LP., a joint venture between Texas Orthopaedic Associates Fort Worth, PLLC and Vaquero Ventures. The sale price was not disclosed.
“Marketing and finalizing the sale of a major vacant medical property posed numerous challenges, including the ongoing pandemic. We couldn’t be more pleased to have procured numerous competing offers, and successfully complete this transaction on behalf of USMD with an outstanding group of physicians and their partner, Vaquero Ventures,” said Behr. “We are excited to already see the renovation progressing and are certain this facility will serve the purchaser’s needs for many years to come.”
The property will be home to Texas Orthopaedic Associates Fort Worth, PLLC and Texas Health Surgery Center Chisholm Trail, LLC. The property was formerly owned and operated as USMD Hospital at Fort Worth and closed in January 2020.
With proximity to the Cityview medical district, the new master planned Tavolo Park Development and Chisholm Trail Parkway, the property allows residents in south Fort Worth convenient access to healthcare.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 33 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
Media Contact:
Collin Burwinkel
972.774.2531
713.253.2334
collin.burwinkel@transwestern.com
twmediarelations@transwestern.com
