Health Care Former Baylor All Saints southwest site sold for redevelopment

Former Baylor All Saints southwest site sold for redevelopment

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

The vacant former Baylor All Saints hospital site on Fort Worth’s fast-growing southwest corridor has been sold.

CBRE today announced the sale of the 11.8-acre site with multiple buildings at 7100 Oakmont Blvd. The property includes a 113,000-square-foot former hospital building and a 12,000-square-foot former power plant. Fort Worth-based TCRG Properties LLC purchased the asset for an undisclosed price with a plan to redevelop and lease it out.

The property, formerly occupied by Baylor All Saints Medical Center. Baylor Health Care System closed the hospital in 2012 because it was underused and losing money, according to system officials. However, the location is adjacent to the Chisholm Trail Parkway, which has sparked a wave of development in that area. Inwood Bank provided acquisition financing.

Bob Scully and Nanci Johnson-Plump with CBRE’s Fort Worth office represented the seller, Rainier Realty Investments. Ryan Wood with TCRG represented the buyer.

- Advertisements -

Latest News

Camp Bow Wow acquires building in Fort Worth

Acting on a lender's behalf, Bradford Commercial Real Estate Services has sold a 10,000-square foot retail building in east Fort Worth to...

S&P CoreLogic Case-Shiller: US home prices up 5.2% in August

By PAUL WISEMAN AP Economics WriterWASHINGTON (AP) — U.S. home prices posted a robust gain in August — another sign that the...

Arlington home prices increase in 3Q

The median price for Arlington homes increased 7% year-over-year to $247,500 for the third quarter of 2020. Arlington home...

JLL names new lead for South Central Region PDS

JLL announced Brad Carbo as the new South Central Region Project and Development Services (PDS) lead on Oct. 27. In his new...

Fort Brewery to relocate to former historic site

Fort Brewery & Pizza announced Oct. 27 the brewery and restaurant will relocate to a 25,000 square-foot facility located at 2737 Tillar...