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.
“Selling something you spent a lifetime building can be a daunting task, but Terravet helped make the transition to the next chapter of my life smooth and seamless and the integrity of their team allowed me to sleep well through the process,” said Dean Hunter, former practice and real estate owner.
The practice is a full service veterinary emergency facility located between two commercial retail corridors in the North Little Rock submarket and is less than a mile from the McCain Mall, the premier shopping area in the Little Rock area. The After Hour Animal Hospital property was acquired by Terravet Real Estate’s Fund II, which plans to invest committed debt and equity capital to acquire approximately $225 Million in veterinary operated real estate.