Big Sky Medical, based in Dallas, Texas, announced on May 6 that it purchased a medical outpatient building (MOB) in Rockwall, Texas. 

The MOB, called Lake Pointe Medical Plaza, comprises 46,359 square feet and is located on the campus of Baylor Scott & White Medical Center – Lake Pointe. It comprises two buildings and houses a diverse mix of medical tenants, including Baylor Scott & White affiliates. 

Big Sky Medical is a national real estate investment management firm that invests in healthcare-related real estate, with a concentration in the medical outpatient and life science sectors. The firm, which is headquartered in Dallas, has more than $2 billion in healthcare real estate investment experience and was purchased by GFH Financial in early 2023. 

This marks Big Sky Medical’s first acquisition of 2025. The financial terms of the deal were not disclosed. In 2024, Big Sky Medical completed five transactions, totaling more than 486,180 square feet. In 2023, it also completed five deals, totaling more than 1,218,000 square feet. 

According to data captured in the LevinPro HC database, this transaction marks the 70th MOB deal of 2025, as well as the seventh MOB transaction reported in Texas this year. Throughout all of 2024, 213 MOB transactions were announced.