CBRE COMPLETES SALE OF THREE MEDICAL OFFICE BUILDINGS
SAN ANGELO and SCHERTZ, TEXAS — CB Richard Ellis (CBRE) has finalized the sale of two office buildings located in San Angelo and another located in Schertz on behalf of San Antonio-based Atlee Development. The properties are part of a seven-building office portfolio. The San Angelo buildings — San Angelo Regional Medical Center #1 and #2 located at 3501 Knickerbocker Rd. — were built in 2004 and are both 21,292 square feet. The property in Schertz, located at 5000 Baptist Dr., is a 19,825-square-foot building completed in 2005. Montecito Medical Investment Co. purchased the portfolio.