For Sale: Flagship Medical Office Portfolio | 335,864 RSF
Flagship Medical Office Portfolio JLL is pleased to offer for sale a high-quality and diverse portfolio of 8 healthcare properties in the southeastern United States with 335,864 rentable square feet. The multi-state portfolio contains predominantly multi-tenant buildings aligned with market-leading not-for-profit and for-profit health systems as well as leading physician groups. The portfolio is 83% […]
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News Release: Exclusive – Atlantic Health System Campus
HFF announces the sale of the 538,107 square foot Atlantic Health System Campus in Morristown, New Jersey Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of the Atlantic Health System Campus, a 538,107 square foot, three-building, Class A medical office complex in Morristown, New Jersey. The HFF team represented the seller, National Business Parks, Inc., […]
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Transactions: 10-MOB Rendina MOB portfolio sold to Everest
Private equity investment firm acquires medical office buildings in five states JUPITER, Fla. — As large and often institutional investors look to acquire medical office buildings (MOBs), they are typically attracted to portfolios – which help them add immediate scale – of high-quality, Class A facilities affiliated with strong healthcare systems. In many cases, portfolios […]
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Entries now open for sixth annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Sixth Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Monday, Oct. 1, 2018. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]
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Cover Story: Are you ready for the disruptors?
Healthcare has changed in recent years, but you ain’t seen nothing yet By Connie M. McCaffrey Editor’s note: This is an expanded version of this article that originally appeared in the April 2018 edition of HREInsights magazine. For some time now, healthcare real estate (HRE) professionals have debated what major influences or “disruptors” are significantly impacting […]
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News Release: Medical Office Debt Placement – $96M Non-Recourse Financing
MEDICAL OFFICE DEBT PLACEMENT $96,000,000 Non-Recourse Financing of a Core Medical Office Portfolio Lender: Commercial Bank Loan Amount: $96,000,000 Fixed Rate: 1.15% over 10-year Treasury Loan Term: Ten Year Amortization: Full Term Interest Only Guarantee: Non-Recourse CBRE U.S. Healthcare Capital Markets and Debt & Structured Finance secured a $96,000,000 permanent loan to finance a 490,000 […]
For Sale: HSA PrimeCare Medical Office Portfolio | 143,228 RSF
HSA PrimeCare Medical Office Portfolio JLL is pleased to offer for sale a high-quality and diverse portfolio of 4 healthcare properties in the midwestern United States with 143,228 rentable square feet. The Class A, multi-state portfolio is well leased at 94% to a mix of healthcare systems and leading physician groups. All buildings were developed after […]
News Release: Mayo Clinic, Pontiac Land collaborating to expand patient care and hospitality in Rochester
September 18, 2018 ROCHESTER, Minn. — Mayo Clinic and Pontiac Land Group today announced plans to expand the Gonda Building on Mayo’s Rochester campus to support the growing need for additional clinical space, and to offer patients and visitors to the community a premier hospitality experience. The Mayo collaboration with Pontiac Land, a Singapore-based real estate developer, will […]
News Release: Leasing for 82,000 SF Gwinnett medical building awarded to Transwestern
Transwestern to lease Gwinnett Medical Office Building in Atlanta’s surging healthcare market Transwestern’s Growing Healthcare Advisory Team Markets Property in Lawrenceville, GA (Sept. 17, 2018 – Atlanta) – Transwestern’s Atlanta office today announces it has been named the exclusive leasing agent of an 82,000-square-foot building at 575 Professional Dr. in Lawrenceville, Georgia, at the entrance […]
News Release: The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif.
FOR IMMEDIATE RELEASE September 17, 2018 The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif. SOUTH LAKE TAHOE, CALIF. — Colorado-based design-build firm The Neenan Company is proud to announce its completion of the Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif. Located in the Robert Maloff Center on […]
News Release: Cushman & Wakefield Inks Three Medical Leases in Franklin Lakes, NJ
Cushman & Wakefield Inks Three Medical Office Leases in Franklin Lakes, N.J. at the New 32,500-SF Franklin Lakes Towne Square 794 Franklin Ave. the Only New Building in Bergen County Designed for Medical-Retail Mix FRANKLIN LAKES, N.J., Sept. 14, 2018 – Three new medical office tenants have leased space at Gabrellian Associates’ new mixed-use building […]
News Release: Artificial Intelligence in Healthcare to Reach $6.16 by 2022
AI and cognitive computing are expected to generate over $150 billion in savings for the healthcare industry, finds Frost & Sullivan Santa Clara, Calif. – September 13, 2018 – Frost & Sullivan expects artificial intelligence (AI) and cognitive computing to generate savings of over $150 billion for the healthcare industry by 2025. These technologies are mostly used in healthcare […]
News Release: Northern California, Healthcare Advisory Group
Recent Sale | 6403 Coyle Avenue Colliers NorCal Healthcare team closes on a 33,640 SF medical office building on the Mercy San Juan Hospital campus in Carmichael, CA. Bill Swettenham Sr Vice President Dir +1 916 563 3082 bill.swettenham@colliers.com License No. 00866455 Eric Ortiz Vice President Dir +1 916 563 3095 eric.ortiz@colliers.com License No. 01821549 […]
News Release: Newmark Knight Frank Global Healthcare Services
RECENTLY SOLD: Glendale Medical Building Farmington Hills, MI Total SF: 44,558 SF Medical Office Building Selling Price: $14,250,000 Sale Date: 8/28/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Bryan Walsh Associate Director Global Healthcare Services 312.224.3962 bwalsh@ngkf.com Garth Hogan Executive Managing Director […]
News Release: NEXT Oncology signs 20,000 SF lease in San Antonio
Next Oncology Signs 11-Year 19,948 SF Lease at Medical Center Tower I on Christus Santa Rosa Campus NEXT Oncology establishes research center in the medical tower; lease renewals also signed with Christus Santa Rosa Health Care. San Antonio, September 13, 2018 – NEXT Oncology has signed an 11-year, 19,948-square-foot lease at Medical Center Tower I, located on […]
News Release: Mark Furlan Press Release for HREI
Pappas Properties LLC Hires Former DASCO Executive August 31, 2018- Charlotte, N.C. – Pappas Properties, LLC announces the recent addition of seasoned healthcare developer Mark J. Furlan to the team. Mark will lead the Healthcare Development division of the group and be based in Pappas’s headquarters located in Charlotte, N.C. According to Peter Pappas, Managing […]
News Release: Skilled Nursing Occupancy Hits Record Low
Skilled Nursing Occupancy Dips to 81.7 Percent, a new Record Low Occupancy decline attributed to major policy and business trends including competition and pressure from Medicare Advantage Annapolis, Md. (September 12, 2018)—Occupancy rates at skilled nursing facilities across the United States continue to fall in urban and rural areas, hitting a new record low of […]
News Release: Meridian Sells 12,754 SF Dialysis Outpatient Clinic for $15.7 Million
Meridian is pleased to announce that it has sold 4242 Broadway, a 12,754 square foot dialysis outpatient clinic located in Oakland, CA. The clinic received the 2017 National Healthcare Real Estate Insights award for Best New Outpatient Facility under 25,000 square feet. Cushman and Wakefield’s Chris Sheldon represented Meridian in this transaction and Jeff Gates […]
News Release: Bear Real Estate Advisors Represents Capital Square 1031 in Acquisition of Class A Memory Care Facility Near Houston
NEWS PROVIDED BY Bear Real Estate Advisors Sep 10, 2018, 17:47 ET HOUSTON, Sept. 10, 2018 /PRNewswire/ — Bear Real Estate Advisors announced today that the real estate investment services firm represented Capital Square 1031 in its acquisition of a 10,000-square-foot, Class A memory care facility in the Houston suburb of Spring, Texas. Located at the intersection of Spring Cypress Road and […]
