Capital Square Buys Newly-Constructed MOB in El Paso, Texas

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Capital Square Buys Newly-Constructed MOB in El Paso, Texas

October 27, 2015

Capital Square Realty Advisors LLC, a sponsor of Delaware statutory trusts, acquired a newly constructed 19,855-square-foot medical rehabilitation facility in El Paso, Texas that is 100 percent leased to Mentis Neuro El Paso LLC. The purchase price was not disclosed.

Located 4360 Doniphan Drive, the single-story building was designed and built especially for Mentis Neuro El Paso for use as a rehabilitation facility. The specialized building was completed in 2015 and is situated on 2.6 acres of land, which includes 46 parking spaces. The facility includes a therapy gym, full-service kitchen, outdoor patio and living areas.

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