Stockdale Capital Partners announced it acquired a class A medical outpatient building (MOB) in Plano, Texas, a northern suburb of Dallas. The deal closed on April 16, 2025.
The 49,228-square-foot MOB, called the West Plano Medical Village, is 100% leased. The MOB was first developed in 2022 and features 9.8 years of weighted average lease term remaining. The facility is home to eight tenants providing medical services including primary care, cardiology, pathology, imaging, gastrointestinal, pediatrics, dermatology and pulmonology. These tenants include Catalyst Physicians Group, Baylor Scott & White and Catalyst Physicians Group’s affiliated specialists.
Stockdale Capital Partners is a Los Angeles-based vertically-integrated real estate investment firm. The company provides real estate investment services, as well as invests, owns and operates multiple asset classes.
“The Plano area benefits from strong submarket demographics that provide for consistent and growing tailwinds for physician practices. Plano experienced a 21% increase in medical office inventory in the past ten years, with steady demand over the same time period,” said Andrew Saba, Managing Director of Healthcare at Stockdale Capital Partners. “We are excited about the opportunity to deepen our relationships with providers like Catalyst, Baylor Scott & White and other providers at West Plano Medical Village.”
The purchase of the MOB is Stockdale Capital Partners’ seventh acquisition in its U.S. Healthcare Real Estate Income Fund, which launched in 2023 and now has a portfolio of 415,000 square feet and more than $200 million of gross asset value. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this transaction marks the 64th MOB deal of 2025, as well as the sixth MOB deal reported in Texas this year. There were 212 MOB transactions announced in 2024, and 198 announced in 2023.
