Harrison Street Acquisition of Northside Medical Office Portfolio

United States

Deal value: $420 Million

Harrison Street acquired a portfolio of five Class A medical office buildings totaling 1.1 million SF across Dallas and Houston, Texas, focusing on stable, healthcare-anchored income.

The core investment motivation is to capitalize on the stable, long-term cash flows generated by Class A medical office buildings anchored by healthcare tenants. Harrison Street is targeting resilient, income-producing assets in high-growth Texas markets, driven by demographic trends such as population growth, aging, and increased demand for outpatient healthcare. The timing reflects a flight to quality and defensive real estate sectors amid broader market volatility, with healthcare real estate seen as less sensitive to economic cycles.