JLL Capital Markets Facilitate Sale of Legacy Oaks Medical Office Complex
JLL Capital Markets announced today that it has facilitated the sale of the Legacy Oaks Medical Complex, a seven-building medical office campus totaling 227,657 rentable square feet in San Antonio, Texas. JLL marketed the property on behalf of the seller, Velocis, a Dallas-based private equity fund manager. A joint venture between Altera Fund Advisors and Harrison Street acquired the property.
Situated on 13.6 acres, the Legacy Oaks Medical Office Complex, located at 5410 Fredericksburg Road, consists of a six-story medical office tower and six plaza buildings totaling 227,657 rentable square feet. The complex is occupied by a desirable tenant mix, including primary care, pediatrics, rheumatology, ophthalmology, optometry, radiology, pain management and outpatient rehabilitation.
The JLL Healthcare Capital Markets team representing the seller was led by Senior Managing Director Brian Bacharach and Vice President Vasili Davos, with local market expertise from Managing Director John Taylor.
Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.
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