Terravet Real Estate Solutions Acquires First PetVet Location

Bala Cynwyd, PA (May 8th, 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 is pleased to add PetVet to our growing list of tenants who are strong veterinary operators,” said Daniel Eisenstadt, Founder and CEO of Terravet Real Estate Solutions.

The property was acquired from the former owner of the general practice several years after the former owner sold the practice to PetVet.  The West Gate Animal Hospital real estate was acquired by Terravet Real Estate’s Fund II, which plans to invest committed debt and equity capital to acquire more than $200 Million in veterinary operated real estate.