Houston’s Memorial Hermann Medical Office Building May Be the Costliest on Record
The Texas Medical Center, the world’s largest medical complex, may now be home to the most expensive U.S. medical office building ever sold.
A LaSalle Investment Management fund bought the 500,000-square-foot Memorial Hermann Medical Plaza at 6400 Fannin St., anchored by Memorial Hermann’s 175,000-square-foot lease. Pricing wasn’t officially disclosed, but a person familiar with the transaction told the Wall Street Journal that the Chicago-based…