NEA Baptist and Haag Brown Commercial are pleased to announce that Haag Brown Commercial has acquired the real estate to several NEA Baptist off-campus clinics in northeast Arkansas. The 10 clinics were acquired by HB Medical, LLC from Northeast Arkansas Clinic Properties, a real estate holding company created by the founding members of NEA Clinic. The clinics will continue to operate as they always have within the NEA Baptist Health System. The only way the public will be able to tell there is a new owner of the real estate is by reading this release.
“This acquisition is the culmination of conversations that have been taking place over a period of years, and would not have been possible without the patience and perseverance of Dr. Robert Taylor and many others,” said Haag Brown Commercial Principal, Joshua Brown.
Brad Parsons, administrator and CEO of NEA Baptist, stated “We are excited about our new partnership with Haag Brown and we are confident this is a good decision for everyone involved including the physicians of Northeast Arkansas Properties, NEA Baptist and Haag Brown. We have significant plans in-store for expanded services and conveniences for our patients and this partnership lays the foundation to begin implementation.”
Haag Brown Commercial is more than just a retail development firm. To date, the company has completed over 30 medical projects totaling more than $50 million. “Many people think of Haag Brown as a retail development company,” said Brown, “but we are also extremely active in medical related real estate development.”
The 10 clinics are scattered throughout northeast Arkansas, with locations in Cherokee Village, Newport, Osceola, Paragould, Trumann and 5 facilities in Jonesboro.
About NEA Baptist Clinic ::
NEA Baptist Clinic is the largest and most comprehensive physician-led and professionally managed multi-specialty group practice in the region. NEA Baptist Clinic is made up of over 110 physicians providing care in more than 35 medical specialties. The mission of NEA Baptist Clinic is to provide comprehensive, personalized, quality health care for patients throughout the Northeast Arkansas region.
About Haag Brown ::
Established in 2010 and based in Jonesboro, AR., Haag Brown Commercial Real Estate & Development is the region’s authority in commercial real estate that specializes in retail project development, tenant representation and investment advising for commercial properties in Arkansas and surrounding states. Partners Greg Haag and Joshua Brown lead Haag Brown Commercial and their clients to success by placing clients’ needs ahead of their own while striving to excel in quality innovations and value of services in order to be a Philippians 2:4 company.