Wolf Capital Partners Acquires Houston Heights MOB
Wolf Capital Partners has acquired Heights Medical Tower, a 120,000-square-foot medical office building in Houston, Texas’ Heights neighborhood. Transwestern Real Estate Services has been tapped to provide agency leasing services for the property, which will undergo significant capital improvements.
Rebranded as HeightsMED, construction is expected to begin in mid-2022 with an estimated completion by mid-2023. Upon completion, HeightsMED will be a Class A MOB featuring a new lobby, elevator cabs, restrooms, MEP systems and spec suites. Exterior upgrades include a refreshed streetscape and widened sidewalks, further supporting the walkability of the area and offering better access to nearby retail, food and beverage.
HeightsMED has a connected parking garage, providing a convenient option in a submarket that is parking constrained.
Other project partners include Heins Properties, JLL and Origin Bank.
Posted March 3, 2022
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