Property Sold for Redevelopment: Baylor All Saints Medical Center

In Fort Worth, A medical building formerly occupied by Baylor All Saints Medical has been sold for redevelopment.

On behalf of Rainier Realty Investments, CBRE announces the sale of an 11.8-acre site with multiple buildings at 7100 Oakmont Boulevard in Fort Worth, Texas. The asset includes a 113,000-square-foot former hospital building and a 12,000-square-foot former power plant. Fort Worth-based TCRG Properties LLC purchased the asset for an undisclosed price with a plan to redevelop the property.

The property, formerly occupied by Baylor All Saints Medical Center, is located in the affluent southwest suburban Fort Worth submarket, less than 10 miles from downtown, near the Chisholm Trail Parkway. Inwood Bank provided purchase financing.

Bob Scully and Nanci Johnson-Plump with CBRE’s Fort Worth office represented the seller, Rainier Realty Investments. Ryan Wood with TCRG represented the buyer.

June 23, 2016