EXCEPTIONAL VALUE CREATION OUTPATIENT MEDICAL OPPORTUNITY IN TOP 5 MSA

TOP 5

MSA

116,869 SF

TOTAL SIZE

2014

YEAR BUILT

57%

Occupancy

$1.56M

Year 1 NOI

Off Campus

Location

13.7%

HIGH ACUITY (ASC & IMAGING)

3.0%

AVG ESCALATIONS

6.9 Years

WALT

100%

NNN LEASE STRUCTURE

Fee Simple

OWNERSHIP

The Offering

2051 Greenhouse Road Houston, TX 77084

Berkadia Medical & Life Sciences is pleased to exclusively offer Greenhouse Medical Plaza (the “Property”), a rare Class A, value-add outpatient medical opportunity in Houston, Texas, one of the most highly sought-after healthcare markets nationally. The LEED Certified, institutional-quality outpatient medical building totals 116,869 square feet across three floors and is strategically located along Interstate 10 West and less than one mile from both Texas Children’s Hospital West Campus (94 inpatient and 26 ER beds) and Houston Methodist West Hospital (271 inpatient beds). The Property is currently 57% leased with a weighted average lease term (WALT) of 6.9 years to an attractive mix of 100% healthcare tenancy including a recently completed two-operating room, ground floor surgery center. With a rare blend of asset quality, tangible upside, and a location within a top five MSA and healthcare market, the Greenhouse Medical Plaza offers investors the ability to capitalize on the surrounding demographics and demand for outpatient services with immediate proximity to two of Houston’s renowned healthcare institutions at an attractive basis to replacement cost.

Visit Doc Center

Investment
Highlights

1

PREMIER CLASS A MEDICAL OUTPATIENT BUILDING

2

WELL-CONFIGURED BUILDING IDEAL FOR MEDICAL TENANTS

3

ATTRACTIVE MIX OF HEALTHCARE USES INCLUDING NEWLY BUILT OUT GROUND FLOOR ASC

4

OPPORTUNITY FOR VALUE CREATION THROUGH STRATEGIC LEASE-UP

5

TRIPLE NET LEASES WITH ATTRACTIVE ANNUAL ESCALATIONS AND WALT OF 6.9 YEARS

6

INSTITUTIONALLY MANAGED AND MAINTAINED BY CURRENT OWNERSHIP

7

TOP 5 MSA WITH ROBUST HEALTHCARE MARKET

8

HIGHLY ACCESSIBLE LOCATION PROXIMATE TO HOUSTON METHODIST AND TEXAS CHILDREN’S HOSPITAL CAMPUSES

9

FEE SIMPLE AND FREE AND CLEAR OF EXISTING DEBT

Location

Contact
US

Medical & Life Sciences

VASILI DAVOS
Senior Director
214.360.3858
TX DRE #778826
[email protected]

SABRINA SOLOMIANY
Senior Managing Director
National Head of Medical & Life Sciences
404.536.5054
GA DRE #361808
[email protected]

CHRIS LASHMET
Managing Director
847.209.0425
IL DRE #475196617
[email protected]

ERIC LEE
Managing Director
763.226.8563
IL DRE #475194860
[email protected]

Kyle Saifi
Senior Financial Analyst
214.360.3846
[email protected]

Transwestern Broker

Justin Brasell
Executive Managing Director
TX DRE #603843
713.231.1595
Email me

Visit Doc Center

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.

​© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.

2026 © Berkadia - All right reserved.