Senior Housing Properties Trust recently revealed 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, TX.
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.