Inland purchases four medical office properties in Texas

Businesss Wire

OAK BROOK - Inland Real Estate Acquisitions has acquired four medical office properties in San Antonio.

The acquisitions, collectively totaling 72,776 square feet of commercial real estate, include two dermatology office buildings, one medical office building and one specialty surgical center.

Financial terms were not announced.

Matthew Tice, senior vice president of Inland Real Estate Acquisitions, handledthe transactions on behalf of an Inland affiliate.

"We are pleased to have purchased all four of these medical office properties, ideally located around core medical districts of San Antonio," said Tice. "As San Antonio's population continues to grow, these medical offices, that pull from all of the major health groups in the area, provide residents with convenient access to a variety of services to meet their health care needs."

To date, Inland Real Estate Acquisitions, Inc. has facilitated more than $43 billion of purchases including retail centers, apartments and single-tenant properties.