Thomas Park Investments (TPI) announced that it acquired Reliant Health Southborough, an outpatient medical office building (MOB) through a joint venture with an equity partner. JLL represented the joint venture.
The MOB totals 125,000 square feet. The outpatient medical center is anchored by Reliant Medical Group, UMass Memorial and Walgreens.
TPI is a private equity real estate firm focused on healthcare real estate within the mid-Atlantic region. The firm was founded in 2019 and offers more than 28 years of commercial real estate experience. It manages nearly 700,000 square feet of medical office capacity.
According to data captured in the LevinPro HC database, this transaction represents the 135th MOB transaction of 2023. This is TPI’s second acquisition of the year. Additionally, this transaction is the 18th that JLL completed in 2023.
