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Pet DRx Buys Indio Animal Hospital for $3.85 Million

Group Adds 8th Property to Vet Healthcare Portfolio
By Susan Tysma
August 20, 2008 | 5:04 P.M.

Brentwood, TN-based Pet DRx Inc. purchased the Valley Animal Medical Center at 46920 Jefferson St. in Indio, CA, from Elhiani/Lewkowicz Living Trust for $3.85 million, or approximately $320.50 per square foot. The reported sale price was $2.9 million, plus $947,000 in assumed debt.

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