Own your practice's home. We handle the rest.
Sage Business Park is a professionally manager-managed Commercial Owners Association — you hold your building in fee simple and run your practice, while we take care of everything outside your walls.
Own the building. Not the maintenance.
Sage is structured for medical professionals who want to own their pad without running the campus. The campus operates as a commercial owners association professionally managed by Sage Park Management on behalf of all property owners. Each owner holds fee simple title to their building. The association — through its professional manager — handles everything outside the walls so your team can focus on patients.
Fee simple title
Each pad is sold as a free-standing parcel under fee simple title. Owners hold deed to their building and land — not a unit in a condo regime.
Professionally managed
Sage Park Management runs the commercial owners association on behalf of all owners. Landscaping, exterior lighting, parking, signage, and shared infrastructure operate under a single professional agreement.
Class A standard, protected
Consistent campus-wide aesthetics, landscaping, and signage standards preserve the patient-facing image your brand depends on — and the resale value your asset depends on.
Authority to act
Day-to-day maintenance, repairs, and campus operations are delegated to the professional manager. No waiting on a board vote to fix a pothole or trim trees — the manager has the authority to act and the obligation to maintain.
Transparent assessments
Fair, pro-rata association dues based on your building and lot size — reinvested into maintenance and the campus's Class A standard. Annual budget shared with all owners.
Proactive maintenance
You will never chase a contractor to fix potholes, trim trees, or clean debris. Exterior, parking, lighting, and landscape are under continuous service — not reactive repair.
How it works, broken down.
Organized as a Commercial Owners Association
The community of owners is the Sage Business Park Commercial Owners Association (COA). It is a private, contractual regime created by the recorded covenants and easements and governed by Texas Property Code Chapter 202 and general Texas contract law. It is intentionally not a statutory property owners' association (Chapter 209), a homeowners association, or a condominium — and the COA itself is a descriptive term, not a separate legal entity with officers or an elected board. Each lot is owned in fee simple absolute.
Sage Park Management LLC handles operations
The developer has designated Sage Park Management LLC as the Manager with exclusive authority to administer, operate, and maintain the campus, including:
- Maintenance, repair, and replacement of common areas and manager-maintained areas — parking, sidewalks, landscaping, common signage, lighting, internal roads, drive aisles, fire lanes, and building exteriors
- Contracting for landscaping, parking-lot sweeping, security, waste disposal, and capital projects
- Property and liability insurance for the common and manager-maintained areas
- Coordination with the Architectural Control Committee (ACC) on plans and design standards
- Administration and enforcement of the easements (access, cross-parking, drainage, utilities, signage)
- Medical-campus operations — medical-waste scheduling, patient drop-off, time-of-day patient parking, security and surveillance, and campus brand-standard signage
Pro-rata, by building size
Each owner's share of assessments is determined by their building's area relative to the whole campus. The Management Fee is a flat $1.75 per square foot of Building Envelope Area per year (minimum $4,000 per lot per year), adjusted annually with CPI within a 2%–7% band, and is in addition to annual assessments. Annual and special assessments fund campus maintenance and reserves; assessments and fees are billed in equal monthly installments.
Open books, funded reserves
- An online portal with invoices, bills, receipts, the current budget, year-to-date statements, and the reserve-fund balance
- The annual budget presented to all owners at least 30 days before adoption
- A segregated, federally insured Reserve Fund, with a reserve study every three years
- Owner inspection and audit rights on 15 days' written notice
- An annual informational meeting each January — for transparency and communication only, with no voting
A protected Class A campus
The Architectural Control Committee reviews and approves improvements, and the Manager enforces campus-wide architectural, landscaping, and signage standards. Consistent standards preserve the patient-facing image and the long-term resale value of every owner's asset.
Built to last, with one accountable manager
The covenants run with the land through December 31, 2075, renewing automatically in ten-year increments. The Management Agreement runs coterminously, on a ten-year term with automatic ten-year renewals. The arrangement is structured so the campus is never without a responsible manager — the obligation to maintain stays in place regardless of changes in ownership.
The recorded documents control
This page is a plain-language summary provided for convenience only and is not a legal document. The complete and binding terms governing Sage Business Park are set out in the recorded Declaration of Covenants & Restrictions, Declaration of Easements, and Management Agreement filed in the Official Public Records of El Paso County, Texas. In the event of any conflict, the recorded documents control. Please review the full documents on the SAGE Covenants page, and contact George Dipp with any questions.
Own at The Sage with confidence.
You run your practice. We take care of everything outside your walls. Let's walk through ownership, management, and the available buildings together.
Contact George Dipp →Or call 915-858-3100