Senior Housing Properties Trust Signs St. David’s Healthcare Partnership to 42,600 Square Feet at 1111 W. 34th Street in Au...
29 Maio 2019 - 9:00AM
Business Wire
Senior Housing Properties Trust (Nasdaq: SNH) today
announced that St. David’s Healthcare Partnership, one of the
largest health systems in Texas, has signed a 10-year renewal lease
for approximately 42,600 square feet at 1111 W. 34th Street in
Austin, Texas.
The property is a four-story, multi-tenant medical office
building approximately three miles north of downtown Austin. The
property is adjacent to Seton Hospital with convenient access to
nearby restaurants.
The property is managed by The RMR Group LLC, which manages
Senior Housing Properties Trust and is the majority owned
operating subsidiary of The RMR Group Inc. The RMR Group LLC
is responsible for providing all aspects of property management
services to more than 700 buildings with over 75 million square
feet of commercial office, industrial, medical office, life science
and retail space.
SNH was represented by Will Stewart of Transwestern. St. David’s
Healthcare Partnership was represented by Theresa Ellington of HCFD
Realty Management, Inc.
About Senior Housing Properties Trust
SNH is a real estate investment trust, or REIT, that owns
medical office and life science properties, senior living
communities and wellness centers throughout the United States, with
$8.4 billion of assets under management, including more than 460
properties, as of March 31, 2019. SNH is managed by the operating
subsidiary of The RMR Group Inc.
About The RMR Group Inc.
The RMR Group Inc. is a holding company and substantially all of
its business is conducted by its majority owned operating
subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative
asset management company that primarily provides management
services to publicly traded REITs and real estate related operating
companies. As of March 31, 2019, The RMR Group LLC had
approximately $30.0 billion of total assets under management,
including more than 1,500 properties, and employed almost 600 real
estate professionals in more than 30 offices throughout the United
States; the companies managed by The RMR Group LLC collectively had
approximately 50,000 employees. The RMR Group Inc. is headquartered
in Newton, Massachusetts.
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version on businesswire.com: https://www.businesswire.com/news/home/20190529005110/en/
Michael Kodesch, Director, Investor Relations(617) 796-8234
Senior Housing Properties (NASDAQ:SNH)
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