Dixie-Lobo Medical Office Building Portfolio

Category: Medical Office Buildings

The Dixie-Lobo Medical Office Building Portfolio is comprised of ten medical office buildings located throughout Arkansas, Louisiana, New Mexico and Texas.

Totaling approximately 156,000 square feet, the portfolio includes facilities that range in size from 10,000 to 33,000 square feet. Each of the 10 medical office buildings is located on the campus of local hospitals that are their sole tenant. Six of the buildings are affiliated with Community Health Systems, one of the nation’s largest operators of general acute-care hospitals in non-urban and mid-size markets. The remaining four buildings are located on the campuses of, and leased to, hospitals affiliated with Christus Spohn Health System and Signature Hospital Corporation.

The facilities are master leased to the hospitals with expirations staggered between November 2015 and August 2017. Each of the hospital-tenants have renewal options totaling 20 years.