resources & news
resources & news
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Terravet Real Estate Solutions Acquires Seneca Hill Animal Hospital and Boarding Facility
Bala Cynwyd, PA (October 31st, 2018) – Terravet Real Estate Solutions, a real estate group which focuses on the acquisition of veterinary operated real estate, recently acquired the Seneca Hill Animal Hospital and Spa real estate (“Seneca”) in Great Falls, VA in Q4 of 2018.
The approximately 24,000 sq. ft. facility is half general practice, half boarding facility and has been operating in the D.C. suburbs for more than 30 years. The real estate was sold at the same time the practice was sold to Community Veterinary Partners (“CVP”), a growing corporate operator of veterinary practices. “We were eager to acquire the real estate associated with a strong general practice and premiere boarding facility located in one of the most affluent suburbs of the United States and were delighted to partner with CVP as a tenant,” said Daniel Eisenstadt, Chairman and CEO of Terravet Real Estate Solutions.
Terravet Real Estate Solutions Acquires Two Tenant Animal Center Real Estate in Midlothian, VA
Bala Cynwyd, PA (October 31st, 2018) –Bala Cynwyd, PA (December 11th, 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 24-hour emergency and critical care practice recently acquired by Southern Veterinary Partners. “Terravet is pleased to acquire this stabilized asset located in a rapidly growing retail corridor with outstanding demographics. The acquisition is a perfect example of the type of property that Terravet acquires and the types of veterinary operators with whom Terravet looks to partner with as tenants,” said Daniel Eisenstadt, Founder and CEO of Terravet Real Estate Solutions.
Terravet Real Estate Solutions Acquires North Little Rock Emergency Hospital Building
Bala Cynwyd, PA (November 19th, 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 used by the local community.
The real estate was sold by the former practice owner after the practice was sold to Pathway Partners, a rapidly growing corporate operator of veterinary practices. Terravet was able to negotiate a new lease with Pathway Partners that commenced upon Terravet’s closing on the purchase of the property.Read More
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