Stockdale Capital Buys 130K SF Austin MOB

Stockdale Capital Partners has acquired 1401 Philomena @ Mueller, a 130,000-square-foot medical office building in Austin, Texas. Gemdale USA sold the asset, according to CommercialEdge. The five-story property came online in 2023. Built on 1.7 acres, the project was subject to a $35 million construction loan that BMO Bank provided in 2021, the same source indicates.

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Source: https://www.commercialsearch.com/news/stockdale-capital-buys-130-ksf-austin-mob/

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