$400M paid for 11-asset medical office building portfolio

A portfolio of 11 medical office buildings has been acquired by GFH Financial Group, an investment bank in Bahrain, in a $400 million deal, thenationalnews.com reported Oct. 11.

The properties are in California, Texas, Maryland and Louisiana and are more than 1 million square feet combined.

The tenants include Dallas-based Baylor Scott & White, Bryan-based Texas A&M Health Science Center, Lubbock-based Texas Tech University, Houston-based Memorial Hermann and Salisbury, Md.-based Tidal Health.

GFH's portfolio in the U.S. medical office building sector is valued at $1 billion, according to thenationalnews.com.

"Aging populations and growth in outpatient care … continue to make the sector highly recession-resilient and unimpacted by economic cycles," Nael Mustafa, co-chief investment officer of real estate at GFH, told thenationalnews.com.

Copyright © 2025 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


You can unsubscribe from these communications at any time. For more information, please review our Privacy Policy.
 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars