Terravet Real Estate Solutions Completes Acquisition of Eastern Animal Hospital in Baltimore

Terravet Real Estate Solutions, a leading real estate group specializing in veterinary properties, has completed its $7.75 million acquisition of Eastern Animal Hospital in Baltimore, adding another purpose-built facility to its portfolio.

The 16,433-square-foot property is home to one of the top general practice veterinary clinics in the greater Baltimore area. In addition to urgent and emergency care, the practice provides dentistry, behavioral medicine, diagnostics, laboratory services, and has an on-site pharmacy.

“It’s rare to find a facility this well designed, this well located, and backed by such a high-performing practice,” said Daniel Eisenstadt, CEO of Terravet. “Eastern Animal Hospital raises the bar for what veterinary real estate can look like in an urban setting and represents exactly the kind of long-term, value-driven property we aim to hold.”

The facility’s versatile layout accommodates clinical and non-medical services and allows for future expansion, and its high-visibility location, in a dense urban corridor at 6575 Eastern Ave., is easily accessible to pet owners throughout the city and surrounding area.

Built in 2019 by Whiting-Turner Contracting, Eastern Animal Hospital’s construction quality and design features are consistent with the contractor’s broader portfolio. That includes projects such as the Kennedy Space Center Visitor Complex, the Marine Forces Special Operations Command headquarters at Camp Lejeune, the University of Virginia’s Rotunda, and Under Armour’s Baltimore headquarters.

Eastern Animal Hospital is now part of Terravet’s REIT, a private real estate investment trust that includes more than 650,000 square feet of purpose-built medical facilities. The REIT, which focuses on acquiring top-quartile properties that support high-quality care, offers practice owners a way to exchange their real estate for diversified shares that provide long-term stability and reduced risk through tax-deferred UPREIT transactions.

This latest transaction follows Terravet’s recent acquisitions in California, Georgia, Mississippi and Washington, and it continues the company’s emphasis on securing geographically relevant veterinary real estate that supports operational durability and long-term value. With this purchase, Terravet owns and manages more than 1.5 million square feet of veterinary real estate nationwide.