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Lincoln Purchases 52K-SF Boerne Medical Offices
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Lincoln Property Co.⁠ and PGIM acquired The Sobo Medical Building in Boerne. The multi-story, 52,000-square-foot medical office on Herff Road is 93% leased to a mix of healthcare providers and specialists.

The medical center is operated by Baptist Health System and the Surgery Center of Boerne. Baptist Brain & Spine Neurosurgery is also among the entities housed in the Sobo.

The San Antonio Business Journal reports that Perardi Development had confirmed plans for a multi-story medical campus along Herff Road near South Main Street in Boerne. That project is expected to include a mix of healthcare, wellness and retail space. The three-story tower, branded Wellness Plaza, will span 37,000 square feet and cost roughly $14 million to construct.

Perardi has an option on another 8 acres next to the planned Wellness Plaza site and is already contemplating an expansion to include a second tower roughly double the size of the first.

The post Lincoln Purchases 52K-SF Boerne Medical Offices appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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