#United States #Nashville #JLL Capital Markets #Highland Ventures #Heartland Veterinary Partners

Highland Ventures' Strategic Sale of Veterinary Properties

On January 6, 2026, Highland Ventures proudly announced the completion of a strategic sale involving its Heartland Veterinary Partners Net Lease Portfolio. This significant transaction encompasses 18 freestanding veterinary clinic properties, strategically situated across ten states in the U.S.

The portfolio spans an impressive total of 101,942 square feet and boasts properties located in various key states, including Florida, Georgia, Illinois, Indiana, Louisiana, Missouri, North Carolina, Tennessee, Texas, and Wisconsin.

Notably, all 18 properties are fully leased to Heartland Veterinary Partners, a recognized leader in the veterinary support sector, operating over 300 locations nationwide. This transaction was facilitated by JLL Capital Markets, a reputable name that specializes in real estate investment services, underlining the quality and strategic importance of the assets involved.

Investor Interest and Market Dynamics

The sale generated substantial interest from a diverse array of investors, such as healthcare-focused entities, institutional net lease buyers, and private capital investors. This robust demand can be attributed to several factors. Firstly, the geographic diversification of the properties provides a stable investment framework. Secondly, the long-term tenancy of Heartland Veterinary Partners adds a layer of security that appeals to investors. Finally, the veterinary services sector has displayed remarkable growth and resilience in recent years, positioning it as an attractive investment area.

Ben Hoogland, Vice President of Highland Ventures, expressed excitement regarding the sale: _“We are enthusiastic about completing a transaction of this magnitude with our partner, JLL. This sale represents a significant step in further scaling Highland's Legacy Commercial Property platform in the retail sector.”_

JLL's Role in the Sale

The JLL Investment Sales and Advisory team, which played an instrumental role in this transaction, was led by several key figures including Senior Director Kirby Hayes, Director Josh Katlin, Senior Managing Director Alex Sharrin, and Analyst Gerard Smith. Richard Reid and Jaime Fink were also credited as brokers of record for this noteworthy deal. In a statement, Kirby Hayes, Senior Director at JLL Capital Markets, remarked, _“Highland Ventures was a thoughtful and collaborative partner throughout this process. The portfolio’s institutional quality and strong tenancy drove competitive interest across multiple buyer profiles.”_

About Highland Ventures

Highland Ventures operates from Nashville, Tennessee, and is a family-owned business with a legacy spanning four generations. The company concentrates on expanding and scaling retail businesses with a focus on real estate. Their strategic approach emphasizes disciplined ownership and long-term value creation driven by trusted relationships within the industry.

Highland Ventures manages a portfolio encompassing several well-known brands, including Legacy Commercial Property, which leads the convenience retail sector with over 700 properties nationwide. Additionally, the Hoogland Restaurant Group is noted as the largest franchisee of Marcos Pizza, overseeing more than 120 locations. Another brand under the Highland umbrella is Intune Physical Therapy, which emphasizes personalized patient care in physical therapy.

The overarching mission guiding Highland Ventures is centered on growth—not just within the business but also in terms of supporting employees and communities. As Highland continues to grow, their commitment to sustained excellence and innovation remains unwavering.

With this significant sale, Highland Ventures has not only expanded its footprint in the veterinary sector but has also reinforced its standing as a leader in retail development across the United States.

This transaction is just one of many strategic initiatives that Highland Ventures continues to pursue as it adapts to the ever-evolving market landscape, ensuring it remains relevant and competitive for years to come.