Hammes Partners Completes Texas MOB
The development team broke ground on the project last April.
Hammes Partners has completed Jackson Medical Plaza, a 43,000-square-foot medical office building and ambulatory surgery center in McAllen, Texas. The developer partnered with Surgery Ventures, HCA Healthcare and Texas Digestive Specialists for this project, according to prepared statements from Hammes Partners’ Principal Justin Shea.
Hammes broke ground on the facility in April 2022, financing its construction with a $13 million loan provided by American State Bank, according to CommercialEdge data. The development team also included Boulder Associates and Vaughn Construction.
The Class A facility was purposely built as a new location for Texas Digestive Specialists and The Advanced Weight Loss Center at TDS. Another tenant is McAllen Surgery Center, a surgical facility for gastroenterological and colorectal care. The medical center features five procedure rooms and one operating room.
The property took shape on 3.8 acres at 4211 N. Jackson Road, providing access to interstates 2 and 69C. Other medical facilities in the surrounding area include Rio Health Medical, Bravo Medical Center, Family Medicine Center and McAllen Medical Plaza, among others.
According to CommercialEdge data, Hammes Partners has a portfolio of 45 medical office properties totaling some 2.3 million square feet. Earlier this year, the company added more than 120,000 square feet to its footprint with the acquisition of a six-building portfolio in Chicago.
Hammes also broke ground on a 48,000-square-foot medical facility in Buckeye, Ariz., in May. Completion is expected early 2024.
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