News Story

SJC Negotiates Sale of Three Single Tenant Medical Facilities in Texas for $74 Million
Tuesday, June 29, 2010

TULSA, OK, June 29, 2010 – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of three Reliant Rehabilitation Hospitals in Texas to Medical Properties Trust, Inc. for $74 million.

Jeff Matulis and Toby Scrivner of Stan Johnson Company represented the seller and the buyer.

"Our aggressive marketing campaign generated several offers from investors,” said Scrivner.  "We selected MPT because of their qualifications and expertise with these types of facilities."

Located in Houston, Dallas and Austin, the three properties encompass more than 190,000 square feet of space.  Leases expire on the properties in 2033.

About Stan Johnson Company:
Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms that focuses on net-lease transactions. Our net-lease group is the largest team of professionals focused exclusively on the acquisition, disposition, and financing of net-leased real estate in the retail, office, industrial, and medical product types. Building on a 25-year foundation in the net-lease industry and completing more than $8.8 billion in transactions nationwide, Stan Johnson Company is positioned as an authority in the industry. A dynamic team approach, refined marketing processes and a foundation built on integrity, professionalism and relationships create a winning combination that enable the firm to consistently deliver quality service and superior results to each unique client.