Commercial Real Estate

Richardson Office Building Acquired by Methodist Health System

A real estate holding company owned by Methodist Health system has acquired a 120,000-square-foot medical office building in Richardson adjacent to the Methodist Richardson Medical Center.

Holding company Pavilion Properties acquired the building from Pillar Commercial who just acquired the building in August of this year. Methodist Richardson Medical Center recently expanded by adding two floors and a parking garage to the existing medical center.

Said Manny Ybarra, president of Pillar Commercial via release, “MRMC is a premier hospital system dedicated to the health of our community; and this acquisition allows them to extend their reach to residents in Richardson and other areas of Dallas.”

The acquired building, Richardson Office Center Building II, is located at 3001 President George Bush Tollway.

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