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Stockdale Acquires 130K-SF Austin MOB
A recently completed medical office building has been acquired by Stockdale Capital Partners. 1401 Philomena @ Mueller, a 130,000-square-foot medical office building in Austin, was sold by Gemdale USA.
The five-story property came online in 2023. Built on 1.7 acres, Commercial Edge reports the project was subject to a $35 million construction loan that BMO Bank provided in 2021. STG Design was the building’s architect, with Rogers–O’Brien Construction as the general contractor.
The building is adjacent to Dell Children’s Medical Center, has access to Interstate 35 and is less than 5 miles north of downtown Austin. Other medical providers in the surrounding area include Austin Emergency Center, Community Care: David Powell Health Center and St. David’s Medical Center.
- ◦Sale/Acquisition
