MEDICAL OFFICE · GRAPEVINE, TEXAS
Baylor Scott & White Medical Plaza Grapevine
A 61,569 square foot Class-A medical office building acquired by New Era Companies in Grapevine, Texas — 100% leased to Baylor Scott & White Health.
Total SF
Leased
Asset Class
The Project
A comprehensive outpatient healthcare campus, fully leased.
Baylor Scott & White Medical Plaza is a three-story, 61,569 square foot Class-A medical office building located at 2020 W. State Highway 114 in Grapevine, Texas, acquired by New Era Companies and 100% leased to Baylor Scott & White Health.
The building houses a comprehensive mix of outpatient healthcare services, including advanced heart care, diagnostic imaging, family medicine, breast care, endocrinology and reproductive medicine, radiology, and additional specialty practices — anchored by Baylor Scott & White Health on the Grapevine healthcare campus.
Project Details
Asset Class
Medical Office Building (MOB)
Location
Grapevine, Texas
Building Size
61,569 SF
Stories
3-Story
Site Area
5.14 Acres
Parking Spaces
235
Year Built
2002
New Era Role
Acquisition · Capital Partner
Anchor Tenant
Baylor Scott & White Health
The Facility
Project Location
Grapevine, Texas
2020 W State Hwy 114
Grapevine, TX 76051
New Era’s Role
Acquisition. Capital Partner. Long-Term Hold.
New Era identified and acquired two fully leased Baylor-anchored healthcare assets in Grapevine — structuring the capital and managing the assets through a disciplined long-term hold strategy.
Acquisition
New Era identified, underwrote, and acquired the 61,569 square foot medical office building — 100% leased to Baylor Scott & White Health in Grapevine, Texas.
Capital Partner
New Era structured and raised the capital through its investor network. The asset was acquired fully occupied with a long-term lease in place — providing stable, predictable returns for New Era investors.
Delivered
A fully leased, 61,569 square foot Class-A medical office building serving Baylor Scott & White-affiliated practices on the Grapevine healthcare campus — a stable long-term hold asset within the New Era portfolio.