Cleveland, OH – January 23, 2017 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of the Texas Orthopaedic & Sports Medicine Center (the “Property”). BGL’s Healthcare Investment Sales team served as the exclusive advisor to the sellers in the transaction.
The Property consists of approximately 36,804 rentable square feet and is conveniently located in Tomball, Texas, an affluent suburb in North Houston with a population of 763,000 residing within the Tomball area.
Texas Orthopaedic & Sports Medicine is the premier orthopaedic practice in the North Houston area serving over 4,700 patients in the first quarter of 2016. The Facility is equipped with advanced imaging equipment including three (3) X-ray machines and a 1.5 Tesla MRI scanner. After outgrowing its original location, TOSM completed the state-of-the-art 4-OR Tomball facility in 2012, incorporating unique design elements that support efficient patient and healthcare provider flow within the Facility and overall high quality care and comfort for its patients, visitors, and staff.
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer & Retail, Environmental & Industrial Services, Healthcare & Life Sciences, Diversified Industrials, Metals & Metals Processing, and Real Estate. BGL has offices in Atlanta, Chicago, Cleveland, Denver, Philadelphia, San Antonio, and San Diego in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.