The lease terms that a veterinary real estate owner agrees to with its tenant can have a significant impact on the value of one’s veterinary real estate, which often plays out in the capitalization rate that the property sells for. The capitalization rate is the percentage of the purchase price that the annual net rental income of the property represents, …
Terravet Real Estate Acquires More Than 150,000 sq. ft. of Veterinary Hospitals Since January 2020
Bala Cynwyd, PA, April 28, 2020 – Terravet Real Estate Solutions, a real estate investment firm which focuses on veterinary operated real estate, is pleased to announce that it has acquired more than 150,000 square feet of premier net leased veterinary real estate over the past 90 days. The properties were spread across numerous states and consisted of general practice, …
Terravet Real Estate Adds Another 34,000 sq. ft. to Its Net Lease Portfolio
Bala Cynwyd, PA, December 9, 2019 – Terravet Real Estate Solutions, a real estate investment firm which focuses on veterinary operated real estate, is pleased to announce that it has acquired an additional 34,000 square feet of premiere net leased veterinary real estate spread across properties located in three premier markets (Northern New Jersey, Las Vegas, Massachusetts). The properties consist …
Terravet Real Estate Acquires Additional 50,000+ sq. ft. of Veterinary Buildings
Bala Cynwyd, PA, November 12, 2019 – Terravet Real Estate Solutions, a real estate investment firm which focuses on veterinary operated real estate, is pleased to announce that it has acquired an additional 56,000 square feet of premiere net leased veterinary real estate spread across properties located in four premier markets (Chicagoland, Jacksonville, Pittsburgh, and Northern Virginia). The properties consist …
Terravet Real Estate Acquires Seven Additional Properties in June and July
Bala Cynwyd, PA, July 31, 2019 – Terravet Real Estate Solutions, a real estate investment firm which focuses on veterinary operated real estate, is pleased to announce that it has acquired seven net leased veterinary real estate assets over the course of the last 60 days. The properties represent over 40,000 square feet of general practice and emergency veterinary buildings …
Terravet Real Estate Solutions Acquires Prominent Specialty/Emergency Hospital in New England
Bala Cynwyd, PA, May 10, 2019 – Terravet Real Estate Solutions, a real estate investment firm which focuses on the acquisition of veterinary operated real estate, recently acquired the Peak Veterinary Referral Center (“Peak”) real estate in Williston, Vermont. The property is a state of the art, 14,500 sq. ft. specialty referral center that provides state-of-the-art diagnostics and treatments and …
Terravet Real Estate Solutions Acquires First PetVet Location
Bala Cynwyd, PA, May 8, 2019 – Terravet Real Estate Solutions, a real estate investment firm, which focuses on the acquisition of veterinary operated real estate, recently acquired the West Gate Animal Hospital real estate in Enterprise, Alabama. The 3,600 sq. ft. property is leased to PetVet, which owns and operates over 190 general practices across the 27 states. “Terravet …
Terravet Real Estate Solutions Acquires CountryChase Veterinary Clinic Real Estate
Bala Cynwyd, PA, April 19, 2019 – Terravet Real Estate Solutions, a real estate investment firm that focuses on the acquisition of veterinary operated real estate, recently acquired the CountyChase Veterinary Clinic (“CountryChase”) real estate in Tampa, Florida. The property is a 5,000 sq. ft. general practice that has an operating history of over 20 years in the WestChase community …
Terravet Real Estate Solutions Acquires Two Tenant Animal Center Real Estate in Midlothian, VA
Bala Cynwyd, PA, December 11, 2018 – Terravet Real Estate Solutions, a real estate group which focuses on the acquisition of veterinary operated real estate, recently acquired the Deer Run Medical Center real estate in Midlothian, Virginia. The 10,000 sq. ft. two tenant property is leased to Virginia Veterinary Surgery Associates, a subsidiary of BluePearl, and Animal Medical Center, a …
Terravet Real Estate Solutions Acquires North Little Rock Emergency Hospital Building
Bala Cynwyd, PA, November 19, 2018 – Terravet Real Estate Solutions, a real estate group which focuses on the acquisition of veterinary operated real estate, recently acquired the real estate of the After Hour Animal Hospital (“AHAH”) in North Little Rock, Arkansas. The approximately 6,500 sq. ft. facility consists of an emergency hospital and a boarding facility that is well …