Rainier Realty Investments, LP has closed on the acquisition of the St. Mark’s Medical Office Building on St. Mark’s Medical Center campus in La Grange, Texas. La Grange is located between two major metropolitan cities, Austin and Houston.

Built in 2006, this 31,200 SF single-story medical office building on 3.15 acres is 100% leased. St. Mark's Medical Center is a 65-bed, 100,000-square foot hospital providing advanced healthcare close to home for patients in the central Texas communities of Fayette and Lee Counties, as well as the surrounding areas. The comprehensive health services, advanced technologies and medical specialists at St. Mark's rival those of major metropolitan institutions.

Rainier President, Tim Nichols, stated "St. Mark’s Medical Center is an important provider of quality healthcare to central Texas communities. The Medical Office Building is a significant addition to Rainier’s medical portfolio and we are pleased to partner with a vital community provider.“

Rainier Realty Investments is an affiliate of The Rainier Companies in Dallas, TX. Founded in 2003, Rainier has over $1.7 billion of investment assets under management for individual, corporate and institutional investment partners.