RCP INVESTS IN INPATIENT REHABILITATION FACILITY

by admin

DALLAS — A partnership formed by Dallas/Fort Worth-based Realty Capital Partners (RCP) has invested $4.9 million for the development of an inpatient rehabilitation facility in North Dallas. The 60-room facility will be located on 2.4 acres near the intersection of U.S. Highway 75 and Northaven Road. The developer, The Cirrus Group, has signed a 25-year lease with Reliant Rehabilitation Hospital Dallas to occupy the entire 64,500-square-foot building. The Cirrus Group has selected Perkins+Will as the project architect; Hill & Wilkinson is the general contractor. Demolition of the existing building is under way, and construction is expected to take 11 months.

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