Central Texas Portfolio Includes 31,545 SF Across Temple and Belton
November 10, 2026
AUSTIN – Transwestern's National Healthcare Capital Markets team has arranged the sale of a three-property medical outpatient portfolio totaling 31,545 square feet in Temple and Belton, Texas, on behalf of Kobalt Investment Company.
The Transwestern team included Senior Managing Director Steve Leathers, Vice President Seth Gilford, Senior Vice President Bill Boyd, Senior Associate Jake Jordan and Analyst Max Hastings.
The portfolio consists of three fully leased medical outpatient buildings occupied by Baylor Scott & White Health. Prior to the sale, Transwestern secured new 10-year lease extensions across the portfolio, extending income visibility and strengthening the portfolio’s investment profile.
"Healthcare investors and lenders continue to place significant emphasis on tenant credit and lease duration in today's interest rate environment," said Leathers. "The combination of Baylor Scott & White’s credit profile and long-term lease commitments positioned this portfolio as a compelling acquisition opportunity."
Transwestern first represented Kobalt in the acquisition of the assets before assisting with lease negotiations and the eventual sale, supporting the investment from acquisition to disposition. The sale was completed off market through the firm's national network of healthcare real estate investors.
The transaction reflects continued investor demand for medical outpatient properties backed by established healthcare systems and long-term lease commitments.
About Transwestern
Transwestern is a vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. We own, lease and operate $64 billion1 in assets. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, sports & entertainment and life sciences. Across 35 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance. Learn more at transwestern.com.
1Includes the Transwestern organization and RIA AUM as of April 1,2026.
Media Contact:
Olivia Marrus
(713) 272 - 1281
olivia.marrus@transwestern.com
twmediarelations@transwestern.com
