Project Update: Medical Office Building in Willow Park
Velocis, a private equity real estate investment management firm based in Dallas, acquired almost 8.5 acres off I-20 in Fort Worth adjacent to the Texas Health Hospital in Willow Park. The land purchase will accommodate the development of two speculative medical offices buildings (MOBs) totaling nearly 100,000 square feet. The two buildings are planned for a 2023 completion.
Prime Healthcare Properties is Velocis’ development partner and sourced the opportunity for Velocis.
“This development is the culmination of years of planning that will enhance the quality of life for West Fort Worth for future generations. The first phase, the 60,000 SF MOB, will be the nexus of the masterplan campus offering a full spectrum of healthcare services to Willow Park, Weatherford and surrounding trade areas,” says Mark Samples, President of Prime Healthcare Properties, LLC.