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Woodside Health completes sale of Cornerstone Plaza in Southlake, Texas
The 51,664-square-foot medical and retail center, built in 2002, is anchored by Cook Children’s and sold with financing arranged by JLL through Hillcrest Bank.
Woodside Health, an Ohio-based private equity firm focused on healthcare real estate, has completed the sale of Cornerstone Plaza, a medical and retail property in the Dallas-Fort Worth metro area.
The project is located in Southlake, Texas, and was built in 2002. Cornerstone Plaza is anchored by Cook Children’s and includes multiple retail users, according to ConnectCRE.
The retail center totals 51,664 square feet of net rentable area across two buildings on 5.9 acres, with 273 parking spaces.
JLL arranged financing from Hillcrest Bank, a division of NBH Bank, for the borrower, Brownlee Waggoner Holdings. JLL Capital Market’s Debt Advisory team represented the borrower, led by Senior Managing Director John Rose, Director Kristi Leonard, and Associate Chad Lisbeth.