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Stockdale Buys 130K-SF Austin MOB
Stockdale Capital Partners acquired 1401 Philomena @ Mueller, a 130,000-square-foot medical office building in Austin. Gemdale USA sold the asset.
The five-story property was delivered in 2023. Built on 1.7 acres, it was subject to a $35 million construction loan that BMO Bank provided in 2021, according to Commercial Edge. STG Design was the building’s architect and Rogers–O’Brien Construction was the general contractor.
GROW Pediatrics and Adolescent Medicine are among the property’s tenants.
Located at 1401 Philomena St., the healthcare center is part of Mueller Austin, a 700-acre master-planned community. The urban village is a redevelopment of the former Robert Mueller Municipal Airport.
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
