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MCSHANE ACQUIRES LAND FOR MEDICAL OFFICE PROJECT

FORT BEND COUNTY, TEXAS — The Healthcare Division of McShane Development Co. has acquired a 5-acre land parcel located on Grand Parkway, between Morton Road and Long Meadow Farms Parkway, in Fort Bend County. The company plans to develop the parcel into OakBend Doctors Center – Grand Parkway, a two-story, 60,000-square-foot medical office building it is developing on behalf of OakBend Medical Center, the largest healthcare facility in Fort Bend County. McShane acquired the site from Equicap Grand Parkway LP, which was represented by Josh Jacobs and Sara Schoonaert of Houston-based Page Realty Partners. Additionally, McShane is developing another on-campus medical office facility at OakBend Medical Center’s second hospital campus in Richmond, Texas.

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