REBusinessOnline

IRA Capital Sells 137,686 SF Medical Office Portfolio in Fort Worth, Austin

Baylor Health Center at Magnolia Greens in Fort Worth is one of three healthcare properties in the sold portfolio.

FORT WORTH AND AUSTIN, TEXAS — Irvine, Calif.-based investment firm IRA Capital LLC has sold a portfolio of fully leased medical office properties totaling 137,686 square feet in Fort Worth and Austin. The portfolio includes The Center for Cancer & Blood Disorders and Baylor Health Center at Magnolia Greens, both in Fort Worth, and Cedar Park Medical Center in Austin. HFF represented IRA Capital in the transaction and procured the buyer, a publicly traded healthcare REIT.

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