Physician Buys Foreclosed Office Building in Fort Worth

FORT WORTH, TEXAS — A local physician has acquired a foreclosed 5,000-square-foot office building on the ring road of Ridgmar Mall in west Fort Worth from JPMorgan Chase Bank. The just-sold brick building is located at 2600 Mall Circle. Dr. Joseph Obeng is planning to renovate the single-story structure and relocate his practice from the Fort Worth Medical District. Obeng plans to reserve 2,500 square feet for his new office and rely on his broker, Casey Tounget of Coldwell Banker Commercial Alliance DFW, to find a professional tenant to fill the balance. The structure was built in 1980 on nearly 0.4 acres near I-30 and fronts the perimeter road for the 100-store mall. Obeng formed New Seasons Investment to acquire the property. John Grace of Colliers International represented the seller.