Mann Eye Institute owns the not too long ago constructed, 153,775-square-foot property.
Cardiology follow Houston Cardiovascular Associates has signed a 40,000-square-foot lease on the Museo Institute for Medical Arts Constructing (MUSEO), a 153,775-square-foot medical workplace constructing in Houston. HCVA will occupy the eighth flooring and a portion of the primary flooring. CBRE represented each events.
The not too long ago accomplished constructing is owned by Mann Eye Institute, in keeping with CommercialEdge knowledge. Testa Rossa Properties broke floor on the event in 2019, financing its building with a $56.6 million mortgage from Worldwide Financial institution of Commerce.
Anchored by Mann Eye Institute and Texas Laparoscopic Consultants, the 10-story, LEED-certified constructing additionally options some 16,000 sq. toes of retail house. MUSEO is house to common medical workplaces, in addition to heavy imaging and ambulatory surgical facilities. Facilities embrace shared convention rooms and a rooftop terrace.
The property is situated at 5115 Fannin St., within the Museum District, simply 2.5 miles north of Texas Medical Middle. HCA Houston Healthcare Medical Middle is lower than 1 mile away.
CBRE Vice President Andrew Zeplain represented the tenant, whereas Senior Vice President Brandy Bellow Spinks negotiated on behalf of the owner.
The medical workplace sector stays sturdy partially as a result of long-term leases and secure tenants, in keeping with a Brown Gibbons Lang report, and can proceed to remain sturdy. The growing old inhabitants and the continuing motion towards community-based outpatient remedy, versus hospital-based remedy, will solely additional the demand for medical workplace house over the long run.
